1,0095. USD CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a support above 1,0050. The uptrend should continue on 1,0150 (55 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
1,0105 - 1,0150
1,0050 - 0,9970