USD/CAD’s down trend resumed last week and accelerated to as low as 1.2772. Initial bias stays on the downside this week for 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, above 1.2868 minor resistance will turn intraday bias neutral and bring consolidations
The post USD/CAD Weekly Outlook appeared first on Action Forex.
USD/CAD’s down trend resumed last week and accelerated to as low as 1.2772. Initial bias stays on the downside this week for 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, above 1.2868 minor resistance will turn intraday bias neutral and bring consolidations […]
The post USD/CAD Weekly Outlook appeared first on Action Forex.