USD/CAD rebound to 1.2742 last week but turned sideway since then. Initial bias remains neutral this week first. Overall, outlook will stay bearish as long as 1.2880 resistance holds. Below 1.2574 minor support will bring retest of 1.2466 low first. Break there will resume larger down trend from 1.4667. However, sustained break of 1.2880 will
The post USD/CAD Weekly Outlook appeared first on Action Forex.
USD/CAD rebound to 1.2742 last week but turned sideway since then. Initial bias remains neutral this week first. Overall, outlook will stay bearish as long as 1.2880 resistance holds. Below 1.2574 minor support will bring retest of 1.2466 low first. Break there will resume larger down trend from 1.4667. However, sustained break of 1.2880 will […]
The post USD/CAD Weekly Outlook appeared first on Action Forex.