Daily Pivots: (S1) 151.05; (P) 151.75; (R1) 152.22; More… No change in USD/JPY’s outlook. Intraday bias stays neutral with focus on 38.2% retracement of 139.57 to 158.86 at 151.4. Strong rebound from there will maintain near term bullishness. On the upside, break of 154.79 will revive the case that correction from 158.86 has completed at […]
Dec 06, 2023
USD/CAD Daily Outlook
Daily Pivots: (S1) 1.3551; (P) 1.3574; (R1) 1.3615; More… No change in USD/CAD’s outlook and intraday bias stays neutral at this point. Below 1.3479 will resume the corrective fall from 1.3897. But downside should be contained by 1.3378 support, which is close to 61.8% retracement of 1.3091 to 1.3897 at 1.3399, to bring rebound. On […]
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