1,0756. USD CAD is in a range between 1,0745 and 1,0880. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue to gather momentum. The price should find a support above 1,0675 (81 pips).
Resistances
1,0810 - 1,0880
Supports
1,0745 - 1,0675

tags: Forex, usdcad
author: Arnaud Jeulin
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