USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.2711; (P) 1.2738; (R1) 1.2759; More…. USD/CAD’s break of 1.2623 temporary low suggests down resumption. Intraday bias is back on the downside. Current down trend form 1.4667 should target 61.8% projection of 1.4667 to 1.2994 from 1.3389 at 1.2355. Near term outlook will remain bearish as long as 1.2798 resistance holds, even
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2711; (P) 1.2738; (R1) 1.2759; More…. USD/CAD’s break of 1.2623 temporary low suggests down resumption. Intraday bias is back on the downside. Current down trend form 1.4667 should target 61.8% projection of 1.4667 to 1.2994 from 1.3389 at 1.2355. Near term outlook will remain bearish as long as 1.2798 resistance holds, even […]

The post USD/CAD Mid-Day Outlook appeared first on Action Forex.

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