USD/CAD’s fall from 1.4298 continued last week and met 38.2% retracement of 1.3730 to 1.4298 at 1.4081 already. Initial bias stays on the downside this week, sustained break there will target 61.8% retracement at 1.3792 next. On the upside, above 1.4080 minor resistance will turn intraday bias neutral first. In the bigger picture, current development […]
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