1,0859. USD CAD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,0880 (21 pips). The consolidation should continue.
Resistances
1,0880 - 1,1000
Supports
1,0746 - 1,0675

tags: Forex, usdcad
author: Arnaud Jeulin
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