USD/CAD Weekly Outlook

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USD/CAD rebounded after edging lower to 1.3538 last week. Considering bullish convergence condition in D MACD, a short term bottom could be in place. Firm break of 1.3749 support turned resistance will turn bias back to the upside for 1.4014 cluster resistance (38.2% retracement of 1.4791 to 1.3538 at 1.4017), as a corrective move. nevertheless, […]The post USD/CAD Weekly Outlook appeared first on Action Forex.