USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2602; (P) 1.2625; (R1) 1.2659; More…. USD/CAD recovered again after hitting 1.2588 and intraday bias is turned neutral, with 4 hour MACD back above signal line too. Some consolidations could be seen but outlook stays bearish with 1.2798 resistance intact. Break of 1.2588 will resume larger down trend from 1.4667. Next target
The post USD/CAD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2602; (P) 1.2625; (R1) 1.2659; More…. USD/CAD recovered again after hitting 1.2588 and intraday bias is turned neutral, with 4 hour MACD back above signal line too. Some consolidations could be seen but outlook stays bearish with 1.2798 resistance intact. Break of 1.2588 will resume larger down trend from 1.4667. Next target […]

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

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