USD/CAD’s rise continued last week and took out 1.3965 resistance. Initial bias remains on the upside this week. Sustained break of 38.2% retracement of 1.4791 to 1.3480 at 1.3981. Decisive break there will carry larger bullish implications and target 61.8% retracement at 1.4290 next. On the downside, below 1.3897 minor support will turn intraday bias […]
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