Hello Legendary Traders,
The currency forest has come alive, it’s left for us to track and hunt down those vulnerable pairs.
If you are with me, let’s hit the charts…
1. GBP/CAD
The GBP/CAD on the daily chart just broke through a descending channel resistance level (1.61288).
If price closes above the resistance level that was broken, there is a possibility that price next possible resistance level could be 1.64415.
2. NZD/USD
The NZD/USD has a 10 months old support level (0.64285) broken on the daily chart.
If price on the daily chart closes this way, there is a possibility we could be seeing a +135 pip bearish move to the next possible support level (0.62698)
That said, stay pip-full and see you tomorrow.
