Daily Pivots: (S1) 1.2784; (P) 1.2833; (R1) 1.2878; More…. USD/CAD’s rebound from 1.2588 short term bottom is still in progress and intraday bias stays on the upside for 1.2957/94 resistance zone next. Decisive break there will argue that it’s correcting whole down trend from 1.4667. Further rise would be seen to 1.3389 cluster resistance (38.2%
The post USD/CAD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.2784; (P) 1.2833; (R1) 1.2878; More…. USD/CAD’s rebound from 1.2588 short term bottom is still in progress and intraday bias stays on the upside for 1.2957/94 resistance zone next. Decisive break there will argue that it’s correcting whole down trend from 1.4667. Further rise would be seen to 1.3389 cluster resistance (38.2% […]
The post USD/CAD Daily Outlook appeared first on Action Forex.