USD/CAD initially dived to 1.3886 last week but rebounded strongly from there. Strong support was seen from 55 D EMA (now at 1.3914). The pair is also staying well inside near term rising channel. Overall development suggests that rise from 1.3538 is still in progress. Initial bias stays on the upside for 1.4078 this week. […]The post USD/CAD Weekly Outlook appeared first on Action Forex.