USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3039; (P) 1.3078; (R1) 1.3123; More…. Despite a dip to 1.3034, USD/CAD quickly recovered and intraday bias remains neural. Another rise could be seen to 55 day EMA (now at 1.3194) and above. Still, near term outlook remains bearish as long as 1.3389 resistance holds, and down trend resumption is expected. On
The post USD/CAD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3039; (P) 1.3078; (R1) 1.3123; More…. Despite a dip to 1.3034, USD/CAD quickly recovered and intraday bias remains neural. Another rise could be seen to 55 day EMA (now at 1.3194) and above. Still, near term outlook remains bearish as long as 1.3389 resistance holds, and down trend resumption is expected. On […]

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

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