According to my analysis were entering a lower low in the market if the momentum switches to the buyers I will be looking for potential reentries on the retest to ride the wave up but I wish everyone has a wonderful weekend and even better week. Please share any ideas or comments you might because Afterall we are a team it's us against the banks don't...
As the markets been moving making new higher highs on the hourly usd/cad shows no signs of slowing down I personally see this pair finishing off the week strong and maybe enter the week with a retracement but hopefully we stay bullish. And I plan on staying bullish until the market shows me otherwise. Does anyone have any thoughts on this pair...
FX:EURAUD
As E/A retraces to make a newer low I expect it to touch 1.54300 and fill imbalance which would allow it to give a nice strong push to the upside and hopefully switch momentum to the bulls.
