Daily Pivots: (S1) 1.3759; (P) 1.3809; (R1) 1.3847; More… USD/CAD’s breach of 1.3780 suggests that fall from 1.4791 is resuming. Intraday bias is back on the downside for 1.3727 fibonacci level next. On the upside, break of 1.3903 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery. […]
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