Daily Pivots: (S1) 1.2618; (P) 1.2647; (R1) 1.2687; More… USD/CAD is losing some downside momentum as seen in 4 hour MACD. But further decline is still expected with 1.2763 minor resistance intact. Firm break of 1.2401 support will argue that whole rebound from 1.2005 has completed. Deeper fall would then be seen to retest this […]

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