1,1645. USD CAD is in an uptrend supported by 4H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,1680 (35 pips). The consolidation should continue.
Resistances
1,1680 - 1,1740
Supports
1,1565 - 1,1460

tags: Forex, usdcad
author: Arnaud Jeulin
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