1,5488. EUR CAD broke 1,5555 support. EUR CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The downtrend should continue on 1,5400 (85 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,5500 - 1,5550
Supports
1,5460 - 1,5400