Tuesday market analysis: USD/CHF & EUR/CAD

Hello traders,

let’s hit the charts:

 

1. USD/CHF

Monday showed that the bulls in USD/CHF struggled all day to break the key resistance zone. They finally succeeded after bouncing off the 200 ma

If the daily candlestick closes above the resistance zone, then we are free to join the aggressive buyers to the NPRL

 

 

2. EUR/CAD

On the EUR/CAD, the support zone broke after knocking on the door for the fourth time.

If the daily candlestick further confirms the sellers strength, then we may join the sellers to their first possible support level

 

What say you?

NOTE:

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