USD/CAD’s sharp fall last week and break of 1.3081 support argues that consolidation pattern from 1.2994 might have completed at 1.3389 already. Initial bias stays on the downside this week for retesting 1.2994 first. Firm break there will resume larger down trend from 1.4667. On the upside, however, break of 1.3178 resistance will mix up
The post USD/CAD Weekly Outlook appeared first on Action Forex.
USD/CAD’s sharp fall last week and break of 1.3081 support argues that consolidation pattern from 1.2994 might have completed at 1.3389 already. Initial bias stays on the downside this week for retesting 1.2994 first. Firm break there will resume larger down trend from 1.4667. On the upside, however, break of 1.3178 resistance will mix up […]
The post USD/CAD Weekly Outlook appeared first on Action Forex.