USD/CAD rebounded strongly after dipping to 1.2401 last week, but lost momentum after hitting 1.2617. Initial bias is neutral this week first. On the upside, break of 1.2617 will resume the rebound from 1.2401 to 1.2899 resistance. On the downside, break of 1.2401 will revive near term bearishness and target 1.2005 low. In the bigger […]
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