Equity markets were very heavy yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
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.
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