1,0121. USD CAD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 1,0100. If the support is broken then the target will be 1,0000 (120 pips).
We are waiting for a break of support to take a short position.
1,0140 - 1,0160
1,0110 - 1,0080