1,0843. USD CAD is in a consolidation after the last bullish movement. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0870 (27 pips).
Resistances
1,0860 - 1,0880
Supports
1,0795 - 1,0730

tags: Forex, usdcad
author: Arnaud Jeulin
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