0,9970. USD CAD is in a range between 0,9950 and 1,0040. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 0,9940/50. If the support is broken then the target will be 0,9500 (470 pips).
0,9990 - 1,0020
0,9950 - 0,9940