Trading Strategies

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2968; (P) 1.2997; (R1) 1.3021; More…. Intraday bias in USD/CAD stays on the downside for retesting 1.2928 support. Decisive break there will confirm resumption of whole down trend from 1.4667. Next near term target will be 61.8% projection of 1.3389 to 1.2928 from 1.3172 at 1.2887, and then 100% projection at 1.2711.
The post USD/CAD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2968; (P) 1.2997; (R1) 1.3021; More…. Intraday bias in USD/CAD stays on the downside for retesting 1.2928 support. Decisive break there will confirm resumption of whole down trend from 1.4667. Next near term target will be 61.8% projection of 1.3389 to 1.2928 from 1.3172 at 1.2887, and then 100% projection at 1.2711. […]

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

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