USD/CAD Daily Outlook

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USD/CAD is extending consolidations above 1.3730 and intraday bias remains neutral. While stronger rebound cannot be ruled out, upside should be limited by 38.2% retracement of 1.4247 to 1.3730 at 1.3972. On the downside, break of 1.3730 will resume the fall from 1.4247 to retest 1.3480 low. In the bigger picture, the pattern from 1.4791 […]The post USD/CAD Daily Outlook appeared first on ActionForex.