Trading Strategies

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2392; (P) 1.2460; (R1) 1.2554; More…. USD/CAD recovered after dropping to 1.2363, hitting 61.8% projection of 1.3389 to 1.2588 from 1.2880 at 1.2385. intraday bias is turned neutral for some consolidation first. Outlook will remain bearish as long as 1.2742 resistance holds. Break of 1.2363 will resume the lager down trend, for
The post USD/CAD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2392; (P) 1.2460; (R1) 1.2554; More…. USD/CAD recovered after dropping to 1.2363, hitting 61.8% projection of 1.3389 to 1.2588 from 1.2880 at 1.2385. intraday bias is turned neutral for some consolidation first. Outlook will remain bearish as long as 1.2742 resistance holds. Break of 1.2363 will resume the lager down trend, for […]

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

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