USD/CAD’s strong break of 1.2586 support last week confirmed completion of rebound from 1.2448. Initial bias remains on the downside this week. Firm break of 1.2448 will argue that whole corrective pattern from 1.2005 has completed and bring retest of this low. On the upside, above 1.2585 minor resistance will turn intraday bias neutral and […]
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