1,2065. USD CAD broke 1,2075 support. USD CAD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 1,2000 (65 pips). The consolidation should continue.
- 1,2075 - 1,2160
- 1,2010 - 1,1980