USD/CAD’s fall from 1.4247 extended lower last week and broke through 1.3965 cluster support (38.2% retracement of 1.3480 to 1.4247 at 1.3954). The development argues that rebound from 1.3480 might have completed with three waves up to 1.4247 already. Initial bias is on the downside this week for 61.8% retracement at 1.3773. For now, risk […]The post USD/CAD Weekly Outlook appeared first on ActionForex.