USD/CAD’s corrective rebound from 1.3538 extended higher last week but retreated after hitting 1.3787. Initial bias is turned neutral this week first. On the upside, break of 1.3878 bring stronger rally, but upside should be limited by 1.4014 cluster resistance (38.2% retracement of 1.4791 to 1.3538 at 14017) to complete the correction. On the downside, […]
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