1,0159. 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 decreases. Bollinger bands are tightened. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 1,0130. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,0220 - 1,0280
1,0130 - 1,0065

Arnaud Jeulin