USD/CAD’s fall from 1.439 extended lower last week and there is no clear sign of bottoming yet. Initial bias stays on the downside this week. Sustained trading below 61.8% retracement of 1.3538 to 1.4139 at 1.3768 will argue that whole decline form 1.4791 might be ready to resume through 1.3538 low. On the upside, however, […]
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