AUDCAD could potentially break resistance and climb back up to .97500 area, or continue down to .95550 area. The HMARB is all green, so we could be prepared to see a break in the bearish trend. I will update as this trade plays out.
FOREXCOM:EURJPY formed a small double top before dropping 150-200 pips, depending on where you placed your short. This was after a retracement started forming on 7/29/2018.
FOREXCOM:EURCAD has been sideways since roughly 7/2 thru 7/25/2018. Price finally broke the range and retested the channel before dropping on 7/31 and 8/1. Looks like a nice little short for now. Investors wish to keep the trend bearish. Hope you caught it! ~200 pips if you shorted after the close of the impulse candle.
Heading to the top of the pitchfork (.618 Fib level). Should land around 1.1850 after a possible break of the counter-tend line.