1,1488. USD CAD broke 1,1380 support. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The uptrend should continue on 1,1540 resistance (52 pips). If the resistance breaks then the target will be 1,1800 (312 pips).
- 1,1500 - 1,1550
- 1,1450 - 1,1380