1,0707. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 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.
Resistances
1,0740 - 1,0775
Supports
1,0705 - 1,0675

tags: Forex, usdcad
author: Arnaud Jeulin
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