Daily Pivots: (S1) 1.2782; (P) 1.2808; (R1) 1.2845; More…. USD/CAD’s fall resumes after brief consolidation and intraday bias is back on the downside. Current down trend should target 100% projection of 1.3389 to 1.2928 from 1.3172 at 1.2711 next. Break will target 161.8% projection at 1.2426. On the upside, however, break of 1.2833 minor resistance
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Daily Pivots: (S1) 1.2782; (P) 1.2808; (R1) 1.2845; More…. USD/CAD’s fall resumes after brief consolidation and intraday bias is back on the downside. Current down trend should target 100% projection of 1.3389 to 1.2928 from 1.3172 at 1.2711 next. Break will target 161.8% projection at 1.2426. On the upside, however, break of 1.2833 minor resistance […]
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.