1,2463. USD CAD is in a consolidation after the last bearish 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 bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 1,2415 (48 pips). The consolidation should continue.
1,2555 - 1,2670
1,2415 - 1,2280