USD/CAD’s late decline last week suggests that consolidation pattern from 1.3480 has completed with three waves up to 1.3751, after hitting 55 D EMA (now at 1.3714). Initial bias is back on the downside this week for retesting 1.3480 low first. Firm break there will confirm resumption of whole fall from 1.4791, and target 61.8% […]The post USD/CAD Weekly Outlook appeared first on ActionForex.