USD/CAD’s decline from 1.3418 resumed last week and edged lower to 1.3081. But it then lost downside momentum and turned sideway. Initial bias remains neutral this week first and further fall is mildly in favor with 1.3259 resistance intact. On the downside, break of 1.3081 will target a test on 1.2994 low. Break will resume
The post USD/CAD Weekly Outlook appeared first on Action Forex.
USD/CAD’s decline from 1.3418 resumed last week and edged lower to 1.3081. But it then lost downside momentum and turned sideway. Initial bias remains neutral this week first and further fall is mildly in favor with 1.3259 resistance intact. On the downside, break of 1.3081 will target a test on 1.2994 low. Break will resume […]
The post USD/CAD Weekly Outlook appeared first on Action Forex.