1,0899. USD CAD broke 1,0880 resistance. 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 low. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0950 (51 pips). The consolidation should continue.
Resistances
1,0925 - 1,0950
Supports
1,0880 - 1,0750

tags: Forex, usdcad
author: Arnaud Jeulin
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