1,0884. USD CAD is in a consolidation after the last bearish movement. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The consolidation should continue.
Resistances
1,0915 - 1,1000
Supports
1,0835 - 1,0725

tags: Forex, usdcad
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.