1,0755. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0840 (85 pips). The downtrend should continue on 1,0650 support (105 pips).
Resistances
1,0780 - 1,0850
Supports
1,0750 - 1,0650

tags: Forex, usdcad
author: Arnaud Jeulin
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