Weekly Market Analysis: USD/CAD & AUD/USD

Hello Traders,

let’s hit the charts:

 

1. USD/CAD

Last week’s daily candlestick closed with a bounce above the key support zone and 200 moving average, also giving us a bullish engulfing candlestick.

This week there is a huge possibility that price next bus stop will be NPRZ

 

2. AUD/USD

The AUD/USD closed strong last week after breaking the key resistance zone.

This week, there is a huge possibility that price may hit the 1st PRL. Price breaking the 1st PRL and heading to the second will only be determined during the week 

What say you?

 

NOTE:

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