Daily Pivots: (S1) 1.2651; (P) 1.2691; (R1) 1.2717; More…. USD/CAD’s break of 1.2608 turns bias to the downside for 1.2588 low. Firm break there will resume larger down from 1.4667, to 61.8% projection of 1.3389 to 1.2588 from 1.2880 at 1.2385. On the upside, though, break of 1.2745 resistance will extend the consolidation pattern from
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.2651; (P) 1.2691; (R1) 1.2717; More…. USD/CAD’s break of 1.2608 turns bias to the downside for 1.2588 low. Firm break there will resume larger down from 1.4667, to 61.8% projection of 1.3389 to 1.2588 from 1.2880 at 1.2385. On the upside, though, break of 1.2745 resistance will extend the consolidation pattern from […]
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.