1,0208. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. There is an horizontal range between 1,0150 and 1,0220. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The consolidation should continue. The price should find a resistance below 1,0220. If the resistance is broken then the target will be 1,0300 (95 pips). We won't take a position. The risk/reward ratio is too high to take a position..
1,0220 - 1,0240
1,0185 - 1,0140