1,1236. USD CAD is in an downtrend directed by 4H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,1270 (34 pips). The consolidation should continue.
Resistances
1,1250 - 1,1355
Supports
1,1170 - 1,1110