USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.2661; (P) 1.2722; (R1) 1.2753; More…. USD/CAD’s break of 1.2798 resistance should confirm short term bottoming at 1.2588, on bullish convergence condition in 4 hour MACD. Intraday bias is back on the upside for 1.2957/94 resistance zone. On the downside, break of 1.2684 minor support will argue that the rebound has completed
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.2661; (P) 1.2722; (R1) 1.2753; More…. USD/CAD’s break of 1.2798 resistance should confirm short term bottoming at 1.2588, on bullish convergence condition in 4 hour MACD. Intraday bias is back on the upside for 1.2957/94 resistance zone. On the downside, break of 1.2684 minor support will argue that the rebound has completed […]

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

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