USD/CAD rebounded strongly last week after edging lower to 0.9920. Such rebound argues that correction from 0.9871 is still in progress. Initial bias is on the upside this week and break of 1.0126 cluster resistance (50% retracement of 1.0378 to 0.9781 at 1.0125) will confirm this case and encourage...




This article is courtesy of Action Forex

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