1,0846. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue on 1,0795 support (51 pips).
Resistances
1,0900 - 10965
Supports
1,0795 - 1,0700

tags: Forex, usdcad
author: Arnaud Jeulin
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