Daily Pivots: (S1) 1.2559; (P) 1.2598; (R1) 1.2632; More… USD/CAD’s break of 1.2586 support argues that rebound from 1.2448 has completed at 1.2899. But downside momentum is unconvincing as seen in 4 hour MACD. Still, further fall is now mildly in favor as long as 1.2692 minor resistance holds, for retesting 1.2448. Nevertheless, on the […]

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