Daily Pivots: (S1) 1.2673; (P) 1.2692; (R1) 1.2723; More…. USD/CAD dipped to 1.2659 but couldn’t stay below 1.2684 support and recovered. Intraday bias stays neutral first. On the downside, break of 1.2659 will argue that rebound from 1.2588 has completed at 1.2880. Intraday bias will be turned back to the downside for retesting 1.2588 low.
The post USD/CAD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.2673; (P) 1.2692; (R1) 1.2723; More…. USD/CAD dipped to 1.2659 but couldn’t stay below 1.2684 support and recovered. Intraday bias stays neutral first. On the downside, break of 1.2659 will argue that rebound from 1.2588 has completed at 1.2880. Intraday bias will be turned back to the downside for retesting 1.2588 low. […]
The post USD/CAD Daily Outlook appeared first on Action Forex.