USDCAD broke key resistance level 1.3625 Likely to rise to resistance level 1.3860 USDCAD rising strongly after the earlier breakout of the key resistance level 1.3625 (which has been reversing the price from December) intersecting with the 61.8% Fibonacci correction of the downward ABC correction (2) from November. The breakout of the resistance level 1.3625 […]
Risk appetite got another hit yesterday after the US ADP report printed a weaker-than-expected number. The data suggested that the US economy added only 99K new private jobs last month, significantly less than 144K pencilled in by analysts, and lower than last month as well, even after the downside revision of last month’s figure to […]
The post The Data that Could Tip Fed’s Hand appeared first on Action Forex.
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