USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
Apple ran into resistance
SELL 207.00; TP1 205.00; TP2 202.50; SL 206.00
The stock of Apple met the resistance of the line connecting 2018 and 2019 highs. The price didn’t manage to move beyond 209.00 and formed a small “bearish engulfing” pattern on D1. In addition, Awesome Oscillator shows bearish divergence. This allows us to expect that the stock will undergo at least a small correction to the downside.
Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month.
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
Despite the uncertainties, MS sees some stocks continue beating their records. Check them out!
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