1,0262. USD CAD is in a consolidation after the last bullish movement. USD CAD is in a range between 1,0200 and 1,0290. The volatility is high. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The consolidation should continue. The price should find a resistance below 1,0290. If the resistance is broken then the target will be 1,0700.
1,0290 - 1,0305
1,0250 - 1,0210

Arnaud Jeulin