Hello Traders,
Let’s hit the charts…
1. USD/CAD
USD/CAD has an overall bearish outlook.
On the daily chart we can clearly see that price is currently resting on support level 1.32029.
Personally I will be looking out for a bearish breakout during the week. If that happens, we should be looking at price hitting the next possible support level 1.29721
2. GBP/CHF
Price on the daily chart of the GBP/CHF is currently locked within a consolidation band.
If the buyers continue the buying pressure, there is a possibility that we see a bullish breakout that could encourage price to hit the next possible resistance level (1.25959)
Join us again tomorrow for another analysis of your favourite pairs
As always… Stay pip-full
