Further downside movement on this pair given key economic indicators along with price action.
Price consilidating between two key zone any brake over or below the zones highlighted could show us a potential entry for a long bias or a shot.
USD/CAD We have seen price bounce back from the 1.34530 area to 1.32831 where it meets previous support. We also see a daily inside closure and further upside movement on the pair today. Further confirmation of the following can be taken in to consideration also. 1 - Daily Inside bar closure above the previous day - shows us buyers are coming into the...
Possible Bullish move on this one, take a peek at the screen shots below.
Looking for further upside movement on this pair as the daily confirmation of candle closure. Confirmation on the 4HR for further upside movement also an overall bullish momentum on this pair for this week.
Looking for further upside bullish momentum on this pair overall ! (Weekly Outlook) (Daily Outlook)
Short bias on the Eur/Usd pair looking for further downside movement after daily closure and and a pull back to previous resistance.
Looking for a pullback to the support zone touching our trend-line for further conformation on candle formation and then long entries to the next target which is (150.785)