Daily Pivots: (S1) 1.2902; (P) 1.2931; (R1) 1.2951; More…. USD/CAD’s decline is still in progress and intraday bias stays on the downside. Next near 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. On the upside, above 1.3025 minor resistance will delay the bearish case,
The post USD/CAD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.2902; (P) 1.2931; (R1) 1.2951; More…. USD/CAD’s decline is still in progress and intraday bias stays on the downside. Next near 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. On the upside, above 1.3025 minor resistance will delay the bearish case, […]
The post USD/CAD Daily Outlook appeared first on Action Forex.