1,0853. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. USD CAD is in a range between 1,0750 and 1,0900. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.
- 1,0895 - 1,0985
- 1,0800 - 1,0750