EUR/JPY has rebounded
Technical analysis of EURJPY
USD/CAD: price to test next resistance
Information is not investment advice
There's a bullish 'Three Methods' pattern, which has been formed above the 55 Moving Average, so the price is approaching the nearest resistance at 1.3559. If a pullback from this level happens next, there'll be time for a downward correction. In this case, we should watch the nearest support at 1.3386 as a potential bearish target.
Galya Svetlova
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EUR/JPY has rebounded
Technical analysis of EURJPY
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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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