Consolidating Thursday hits us with EUR/USD & USD/CAD

Hello everyone,

How has your trading week been so far?

It’s almost Thursday over here, let’s hit the charts and see what the market has for us.

 

 

1. EUR/USD

EUR/USD has a bearish pinbar showing rejection of price by resistance level 1.13057.

We may see the EUR/USD hit 1.11114 as the next support level.

We may see a slight pull-back before the bears continue their journey to the next possible support level.

 

 

2. USD/CAD

A bullish pinbar on the USD/CAD may be an early signal that the bulls are warming up to take price to the next possible resistance level (1.35227).

 

That’s all we have for today ladies and gentlemen, I wish you a pip-full day ahead

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)