1,0194. USD CAD is in a range between 1,0150 and 1,0300. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,0150. If the support is broken then the target will be 1,0000 (190 pips).
We are waiting for a break of support to take a short position.
1,0200 - 1,0250
1,0150 - 1,0080