USD/CAD’s strong extended rally last week suggests that it’s already revering the down trend from 1.4791. Initial bias remains on the upside this week for 61.8% retracement of 1.4791 to 1.3480 at 1.4290. On the downside, below 1.4092 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally. In the […]
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