Daily Pivots: (S1) 1.3040; (P) 1.3081; (R1) 1.3110; More…. Intraday bias in USD/CAD stays neutral at this point. With 1.3034 minor support intact, another rise cannot be ruled out. However, near term outlook remains bearish as long as 1.3389 resistance holds, and down trend resumption is expected. On the downside, break of 1.3057 minor support
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3040; (P) 1.3081; (R1) 1.3110; More…. Intraday bias in USD/CAD stays neutral at this point. With 1.3034 minor support intact, another rise cannot be ruled out. However, near term outlook remains bearish as long as 1.3389 resistance holds, and down trend resumption is expected. On the downside, break of 1.3057 minor support […]
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.