Checking the europairs, I get a feeling that the euro is on the verge of collaption. Therefore, from all the available pairs I choose the EURCAD for the last two weeks the bears have attacked the resistance line! So the probabilities are for the short run. target 200 pips lower
from the moment that fed avoid to raising interest rates i can t find a reason to go short..and even if finally fed step in to do that the market has already discounting it.
AUDNZD long 1.02171 and AUDUSD buy 0.75401