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USD/CAD: price to test Moving Averages

USD/CAD: price to test Moving Averages

Information is not investment advice

The last bearish 'Shooting Star' and 'Harami' haven't been confirmed and there's no any reversal pattern so far. In this case, we're likely going to have a local downward correction towards the nearest support at 1.1386 above the Moving Averages. The subsequent pullback from these levels could be a departure point for another advance towards the next resistance at 1.3559.





USD/CHF may rise a bit

USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.

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