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USD-CHF is testing its resistance where a reversal could occur.
Sell below 0.9956.
Stop loss at 0.9994.
Take profit at 0.9917.
Reason for the trading strategy (technically):
USD-CHF is testing its resistance at 0.9956 (100% Fibonacci extension, 23.6 % Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.9917 (horizontal...
EUR-CAD reversed off its resistance: a further drop is expected.
Sell below 1.5113.
Stop loss at 1.5201.
Take profit at 1.5017.
Reason for the trading strategy (technically):
EUR-CAD reversed off its resistance at 1.5113 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support...