Trading Strategies

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3149; (P) 1.3180; (R1) 1.3218; More…. USD/CAD’s strong break of 1.3259 resistance suggests that choppy fall from 1.3418 has completed at 1.3081. More importantly, corrective rebound from 1.2994 is still in progress, and starting the third leg. Intraday bias is back on the upside for retesting 1.3418 resistance first. Break will confirm
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3149; (P) 1.3180; (R1) 1.3218; More…. USD/CAD’s strong break of 1.3259 resistance suggests that choppy fall from 1.3418 has completed at 1.3081. More importantly, corrective rebound from 1.2994 is still in progress, and starting the third leg. Intraday bias is back on the upside for retesting 1.3418 resistance first. Break will confirm […]

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

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