According to the resistances & the current price action, possible upward movement Expecting target to touch 0.9300
A downward channel formation on H1. Most important focus should be on trade war talks & today's FED's Powell speech.
Techincally the pair is tending to form a H&S pattern. But, the main observation should be on RBA decision.
for short term will go for short till the day support line is met. Later, based on the talks of FED will decide whether UJ moves down or up.
Technical -Let's wait till 1.14375, if retraces then back to 1.12. If the channel breaks then 1.15 is on the way. Inverse H&S formation on S&P 500, takes it to higher levels, so fundamentally EUR USD should be down.
low oil prices, rises NZDCAD & then excepting fall as a part of corrective wave.
As decline in oil prices, expecting NZDCAD to go up and then fall as a part of corrective wave.