USD/CAD edged lower to 1.2588 last week but quickly recovered again. Initial bias stays neutral this week first. Further decline is expected as long as 1.2798 resistance holds. Break of 1.2588 will resume the down trend from 1.4677 to 61.8% projection of 1.4667 to 1.2994 from 1.3389 at 1.2355. However, decisive break of 1.2798 should
The post USD/CAD Weekly Outlook appeared first on Action Forex.
USD/CAD edged lower to 1.2588 last week but quickly recovered again. Initial bias stays neutral this week first. Further decline is expected as long as 1.2798 resistance holds. Break of 1.2588 will resume the down trend from 1.4677 to 61.8% projection of 1.4667 to 1.2994 from 1.3389 at 1.2355. However, decisive break of 1.2798 should […]
The post USD/CAD Weekly Outlook appeared first on Action Forex.