AUD/USD looks weak
AUD/USD broke through the most important daily moving averages, slipped below the support at 0.6830.
USD/CAD: short-term trade idea
Information is not investment advice
USD/CAD met resistance in the 1.3490 area (resistance line connecting April and May highs). It fell to the middle of the trading range where it has spent the past month. On H4 and H1, we see a “triple top” between 1.3455 and 1.3490, the break to the downside, and a small consolidation. Oscillators are bearish, so it looks like the pair wants to continue the downside in the short term. The target is just above the 50-day MA at 1.3390.
Elizabeth Belugina
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AUD/USD looks weak
AUD/USD broke through the most important daily moving averages, slipped below the support at 0.6830.
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USD/JPY: upside is limited
On the H1, USD/JPY is recovering after the selloff that took place during the previous three days.
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