With 1.4067 resistance intact, further decline is expected in USD/CAD. Sustained trading below 38.2% retracement of 1.3480 to 1.4298 at 1.3986 will target 61.8% retracement at 1.3792 next. On the upside, however, break of 1.4067 resistance will turn bias back to the upside for stronger rebound instead. In the bigger picture, current development argues that […]The post USD/CAD Daily Outlook appeared first on ActionForex.