TGIF Traders,
We have finally come to the end of the first week of the second half of 2019.
How did your trading week go?
Mine started with a burst of speed and I realized that by mid-week, the market came to a halt in activities, price was almost crawling at snail speed and as I write this article, I still have some pending setups taken mid-week and they haven’t made any substantial move.
Okay, let’s see what pair we have for analysis today, over to the charts…
1. USD/CAD
A support breakout (1.30635) on the daily chart of the USD/CAD seem to be a good setup to round up the trading weekend.
It took almost an entire week to break this support level, but alas, it’s broken.
If the candlestick closes this way, we may most likely see the Bears drag price to the next possible support level 1.29810.
That’s all from us at craftingpips.com guys, you could also drop a comment about your views on this pair and if you are looking for a trading community on Facebook, you can check our facebook group.
I wish you a pip-full Friday and a beautiful weekend ladies and gentlemen.
