Daily Pivots: (S1) 0.8701; (P) 0.8736; (R1) 0.8787; More…. Intraday bias in USD/CHF remains neutral for the moment, and some more consolidations could be seen above 0.8716. Risk will stay on the downside as long as 0.8886 support turned resistance holds. On the downside, break of 0.8716 temporary low will resume the fall from 0.9243 […]
Daily Pivots: (S1) 1.4147; (P) 1.4229; (R1) 1.4274; More… USD/CAD’s fall from 1.4791 resumed by breaking through 1.4260 cluster support decisively. The development suggests that deeper corrective is underway and turn intraday bias to the downside for 1.3946 cluster support (61.8% retracement at 1.3942). For, risk will stay on the downside as long as 1.4378 […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
Share
