Thinking this may be the Higher High zone for eurusd expecting a downtrend to create a new higher low.
Unable to break resistance with 3 candles gives bearish indication.
Sentiment has moved 70% short.
USDJPY formed a morning star bullish reversal pattern.
Looking to buy around 112.30 zone
Take profit Area could be up to 115 possibly earlier, not a long term trade.
Stop losses placed near 111.60 area.
USDOLLAR is nearing the low of it's trendline again, after the previous break and bounce.
Possible chance of another USD Bounce, or a break would indicate further usd bearish trend.
Keep your eyes peeled.
Looking to find an entry to short EURCAD to monthly lows using Fibonacci retracement.
Bullish if close above 78.6
(Trendline posted not yet valid, waiting for another touch to confrim, do not base idea off trend drawn)
