1,1856. USD CAD is in a range between 1,1765 and 1,2070. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,1760 (96 pips). If the support is broken then the target will be 1,1300 (556 pips).
We are waiting for a break of the support to take a short position.
1,1890 - 1,2070
1,1760 - 1,1700