USD/CAD Weekly Outlook

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Despite some volatility last week, USD/CAD stays in range above 1.3730. Initial bias is turned neutral this week first. The rejection at 38.2% retracement of 1.4247 to 1.3730 at 1.3927 suggests that fall from 1.4247 is still in progress. On the downside, break of 1.3730 will target a retest on 1.3480 low. Nevertheless, firm break […]The post USD/CAD Weekly Outlook appeared first on ActionForex.