USD/CAD dropped further to 1.2466 last week but formed a short term bottom there and rebounded. Further rise could be seen this week. But overall outlook will remain bearish as long as 1.2880 resistance holds. Below 1.2586 will turn bias to the downside and bring retest of 1.2466 low first. However, sustained break of 1.2880
The post USD/CAD Weekly Outlook appeared first on Action Forex.
USD/CAD dropped further to 1.2466 last week but formed a short term bottom there and rebounded. Further rise could be seen this week. But overall outlook will remain bearish as long as 1.2880 resistance holds. Below 1.2586 will turn bias to the downside and bring retest of 1.2466 low first. However, sustained break of 1.2880 […]
The post USD/CAD Weekly Outlook appeared first on Action Forex.