Trading Strategies

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2497; (P) 1.2561; (R1) 1.2602; More…. Break of 1.2574 minor support suggests that USD/CAD’s recovery from 1.2466 has completed. Intraday bias is back on the downside for retesting 1.2466. Break there will resume larger down trend from 1.4667. For now, another rebound cannot be ruled out as corrective pattern from 1.2466 could
The post USD/CAD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2497; (P) 1.2561; (R1) 1.2602; More…. Break of 1.2574 minor support suggests that USD/CAD’s recovery from 1.2466 has completed. Intraday bias is back on the downside for retesting 1.2466. Break there will resume larger down trend from 1.4667. For now, another rebound cannot be ruled out as corrective pattern from 1.2466 could […]

The post USD/CAD Daily Outlook appeared first on Action Forex.

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