1,5342. EUR CAD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum.
Resistances
1,5350 - 1,5480
Supports
1,5300 - 1,5230

tags: Forex, eurcad
author: Arnaud Jeulin
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