1,0071. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The consolidation should continue. The price should find a support above 1,0000. If the support is broken then the target will be 0,9850 (220 pips).
Resistances
1,0130 - 1,0150
Supports
1,0050 - 1,0000