1,0825. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,0850 (25 pips). The downtrend should continue to gather momentum.
Resistances
1,0850 - 1,0955
Supports
1,0780 - 1,0740