Trading Strategies

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2662; (P) 1.2714; (R1) 1.2791; More…. Intraday bias in USD/CAD remains neutral first. Near term outlook stays bearish as long as 1.2834 resistance holds. On the downside, break of 1.2623 will resume the down trend from 1.4667 to 61.8% projection of 1.4667 to 1.2994 from 1.3389 at 1.2355. On the upside, however,
The post USD/CAD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2662; (P) 1.2714; (R1) 1.2791; More…. Intraday bias in USD/CAD remains neutral first. Near term outlook stays bearish as long as 1.2834 resistance holds. On the downside, break of 1.2623 will resume the down trend from 1.4667 to 61.8% projection of 1.4667 to 1.2994 from 1.3389 at 1.2355. On the upside, however, […]

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

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