Daily Pivots: (S1) 1.2535; (P) 1.2570; (R1) 1.2599; More… USD/CAD continues to lose downside momentum. But still, further decline is expected with 1.2629 resistance intact. Fall from 1.2899 would target retesting 1.2448 support. Nevertheless, on the upside, break of 1.2692 will mix up the outlook again. In the bigger picture, focus stays on 38.2% retracement […]

The post USD/CAD Daily Outlook appeared first on Action Forex.