USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2029; (P) 1.2058; (R1) 1.2074; More… USD/CAD is still struggling in range around 1.2048/61 cluster support and intraday bias remains neutral first. We’d continue to stay cautious on strong support from 1.2048/61 cluster level to bring reversal. On the upside, break of 1.2201 resistance will indicate short term bottoming and turn bias
The post USD/CAD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2029; (P) 1.2058; (R1) 1.2074; More… USD/CAD is still struggling in range around 1.2048/61 cluster support and intraday bias remains neutral first. We’d continue to stay cautious on strong support from 1.2048/61 cluster level to bring reversal. On the upside, break of 1.2201 resistance will indicate short term bottoming and turn bias […]

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

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