USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3023; (P) 1.3050; (R1) 1.3092; More…. USD/CAD’s breach of 1.3097 resistance suggests short term bottoming at 1.2928. Intraday bias is turned bias to the upside for strong rebound, towards 55 day EMA (now at 1.3207). Nevertheless, outlook will stay bearish as long as 1.3389 resistance holds. On the downside, break of 1.2928
The post USD/CAD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3023; (P) 1.3050; (R1) 1.3092; More…. USD/CAD’s breach of 1.3097 resistance suggests short term bottoming at 1.2928. Intraday bias is turned bias to the upside for strong rebound, towards 55 day EMA (now at 1.3207). Nevertheless, outlook will stay bearish as long as 1.3389 resistance holds. On the downside, break of 1.2928 […]

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

Related Articles

Responses

Your email address will not be published. Required fields are marked *