Intraday bias in USD/CAD remains neutral at this point. With 1.3938 resistance intact, further decline is expected. Break of 1.3730 will resume the fall from 1.4247 to retest 1.3480 low. However, firm break of 1.3938 will bring stronger rebound back towards 61.8% retracement of 1.4247 to 1.3730 at 1.4050. In the bigger picture, the pattern […]
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