Daily Pivots: (S1) 0.6639; (P) 0.6657; (R1) 0.6693; More… AUD/USD recovered after dipping to 0.6621 briefly and intraday bias is turned neutral first. Some consolidations would be seen but risk will stay on the downside as long as 0.6766 resistance holds. Break of 0.6621 and sustained trading below 38.2% retracement of 0.6348 to 0.6823 at […]
Feb 08, 2024
USD/CAD Daily Outlook
Daily Pivots: (S1) 1.3445; (P) 1.3472; (R1) 1.3488; More… Intraday bias in USD/CAD remains neutral for the moment as sideway trading continues. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 has completed, and target this resistance. Nevertheless, firm break of […]
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