1,6012. EUR CAD is in a consolidation after the last bullish movement. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue.
Resistances
1,6055 - 1,6155
Supports
1,5950 - 1,5840