Daily Pivots: (S1) 1.2695; (P) 1.2737; (R1) 1.2786; More…. USD/CAD’s rebound from 1.2588 extends higher today but stays below 1.2798 resistance. Intraday bias remains neutral first. On the upside, decisive break of 1.2798 should confirm short term bottoming, on bullish convergence condition in 4 hour MACD. Intraday bias will be turned back to the upside
The post USD/CAD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.2695; (P) 1.2737; (R1) 1.2786; More…. USD/CAD’s rebound from 1.2588 extends higher today but stays below 1.2798 resistance. Intraday bias remains neutral first. On the upside, decisive break of 1.2798 should confirm short term bottoming, on bullish convergence condition in 4 hour MACD. Intraday bias will be turned back to the upside […]
The post USD/CAD Daily Outlook appeared first on Action Forex.