0,9988. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 0,9900 / 1,0020 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,0000 - 1,0020
0,9930 - 0,9900