As predicted the other day we hit the $6000usd major support line bang on. Positive news out of America today and we have a new support line at $7232 and we may see one more bounce back to this support. We are on our way back to $10000usd major resistance line. I do expect a few red candles along the way as the RSI is overbought at 60. Depending on volume and...
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buy at the bat pattern completion at D point stop below X target at .382
inverted H&S was shown in the 1hr timeframe of the pair so looking to buy above neckline
cad/usd should hopefully form double top formation to match with the resistance being targeted couple times.
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I will be updating EURJPY ideas recently. Follow me and check the related ideas below to learn more details. Good luck.
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EURNZD remains bearish on weekly chart.Check the related ideas to learn more details. Trade carefully. Good luck.