Hello great traders,
So, what are we waiting for?
Let’s make this week count…
1. USD/CAD
USD/CAD has just broken the second descending resistance trendline (1.33086)
My bias?…. I believe there will be a slight pullback before the bulls take price to the next possible resistance level (1.33740).
2. NZD/USD
NZD/USD has price respecting an ascending on the 4 hours time frame.
A breakout from resistance level 0.68150 may further send price above level 0.68527, while a breakout from support level 0.67976, should take price to the next possible support level (0.67571).
Both of these trades require a confirmation before entering them, and even when confirmed, kindly note that you shouldn’t risk more than you can afford to lose.
Do have a great day ahead fam.