Daily Pivots: (S1) 1.2657; (P) 1.2695; (R1) 1.2727; More…. With 1.2797 minor resistance intact, further decline is still expected in USD/CAD. Current down trend from 1.4667 should target 100% projection of 1.3172 to 1.2688 from 1.2957 at 1.2473 next. Nevertheless, considering bullish convergence condition in 4 hour MACD, break of 1.2797 resistance will indicate short
The post USD/CAD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.2657; (P) 1.2695; (R1) 1.2727; More…. With 1.2797 minor resistance intact, further decline is still expected in USD/CAD. Current down trend from 1.4667 should target 100% projection of 1.3172 to 1.2688 from 1.2957 at 1.2473 next. Nevertheless, considering bullish convergence condition in 4 hour MACD, break of 1.2797 resistance will indicate short […]
The post USD/CAD Daily Outlook appeared first on Action Forex.