Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels
USD/CAD: bullish 'Harami'
Information is not investment advice
There's a bullish 'Harami', which has been formed above the Moving Averages. Also, there's no any bearish pattern so far. In this case, we should watch the nearest resistance at 1.3559 as a potential target. The subsequent pullback from this level could lead to a downward correction towards the 34 Moving Average.
Oil fell below $52.00 because investors expect a weaker oil demand amid rising Covid-19 infections and new lockdowns.