Good day traders,
Lets hit the charts…
1. EUR/CAD
Price on the EUR/CAD is about to hit a key support level within an ascending channel.
A breakout should encourage the bears to hit the next possible support level (1.49704) and a reversal may take price back to a familiar resistance level 1.51392.
A close of the daily candlestick may give us a hint on price’s next move.
2. EUR/CHF
EUR/CHF has broken out of a key resistance level (1.13461)
We may see a pull-back before the Bulls resume their upward movement to the next possible resistance level (1.14281).
Do have a great day ahead