1,1817. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,1900 (83 pips). The downtrend should continue to gather momentum.
1,1900 - 1,1980
1,1800 - 1,1750