USD/CAD’s fall from 1.3946 resumed by breaching 1.3418, but recovered since then. Initial bias remains neutral this week first. Outlook will stay bearish as long as 1.3646 resistance holds. On the downside, break of 1.3418 will target 61.8% projection of 1.3946 to 1.3439 from 1.3646 at 1.3333. In the bigger picture, corrective pattern from 1.3976 […]
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