1,2362. USD CAD broke 1,2515 support. 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 resistance below 1,2400 (38 pips). The downtrend should continue on 1,2050 support (312 pips).
1,2400 - 1,2515
1,2275 - 1,2170