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.
- 1,1680 - 1,1740
- 1,1565 - 1,1460