1,0217. USD CAD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a support above 1,0200. If the support is broken then the target will be 1,0150. We won't take a position. The risk/reward ratio is too high to take a position..
- 1,0250 - 1,0320
- 1,0210 - 1,0150