EUR/USD _ USD/CAD
EURUSD beat resistance at 108.20/30 & 1.0845/55 to hit the 1.0915/25 target.
USDCAD longs at 1.4045/35 stopped below 1.4015 to target 1.3975/65 & 1.3910/00.
EURUSD rockets as far as 1.0915/25. We topped exactly here but the strongest resistance is at 1.0955/70. Shorts need stops above 1.0985. A break higher targets the 200 day moving average at 1.1015.
Buy at 1.0855/45 with stops below 1.0825.
USDCAD likely to retest the 1 week low at 1.3910/00. Below 1.3890 meets a buying opportunity at 1.3850/40 with stops below 1.3825. Next target is 1.3890/80.
We are trading in a 2 month sideways triangle pattern. A recovery minor resistance at 1.4000/10. Try shorts at 1.4035/45 with stops above 1.4065.
Weekly outlook is neutral.
Daily outlook is neutral.
Short Term outlook is neutral.
Roz has been engaged in the financial markets since 2017, specializing in Foreign Exchange, Before joining to FOREX IN WORLD she start to learn forex trading related information.
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