0,9951. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should find a support above 0,9880. We won't take a position. The risk/reward ratio is too high to take a position..
0,9975 - 1,0000
0,9940 - 0,9880