1,1597. USD CAD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a support above 1,1590 (7 pips). If the support breaks then the target will be 1,1440 (157 pips).
- 1,1640 - 1,1675
- 1,1515 - 1,1440