1,0978. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum.
Resistances
1,1015 - 1,1100
Supports
1,0960 - 1,0940

tags: Forex, usdcad
author: Arnaud Jeulin
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