EUR/USD: price to test closest resistance

EUR/USD: price to test closest resistance

Information is not investment advice

There's a 'Shooting Star', which has been confirmed enough. It's likely to have a local upward correction towards the closest resistance at 1.1197 in the coming days. The subsequent pullback from this level could be a starting point for a decline towards another support at 1.1034. If any bullish pattern forms near this level, there'll be a moment to have an upward correction.

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Levels for trading USD/CAD

To gain the ability to head higher, towards 1.3445, USD/CAD needs to overcome 1.3355 (61.8% Fibo of the May-July decline).  

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