1,1971. USD CAD broke 1,2075 support. The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,2015 (44 pips). The downtrend should continue to gather momentum.
- 1,2015 - 1,2040
- 1,1940 - 1,1850