1,0197. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,0140 / 1,0220 range. If the resistance is broken then the target will be 1,0300 (100 pips).
We are waiting for a break of resistance to take a long position.
1,0220 - 1,0250
1,0140 - 1,0100