Hello Traders,
Let’s hit the charts:
1. USD/CAD
USD/CAD is currently touching the 1.33310 resistance level.
If we do get a breakout, there is a possibility that price could hit the next resistance area (1.33920 – 1.34187)
A reversal at the current level may most likely send price back to support level 1.32369
2. XAU/USD (GOLD)
Gold is currently resting on a key support level (1873.69)
We could see a minor pull-back before the sellers continue their downward journey to 1849.51 or a reversal at the current level could encourage the bulls to take price back to resistance level 1898.80
What say you?
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