USD/CAD dropped to 1.4248 last week but recovered since then. Initial bias remains neutral this week for some more consolidations. But outlook stays bearish as long as 1.2591 resistance holds. As noted before, corrective pattern from 1.2005 could have completed already. Break of 1.2428 will target 1.2886 support and then 1.2005 low. On the upside, […]
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