USD/CAD: price to test next resistance
There's a bullish 'Three Methods' pattern, which has been formed above the 55 Moving Average, so the price is approaching...
EUR/USD: bears going to test next "Window"
Bears have reached the lower "Window", so if any bullish pattern arrives, there'll be an opportunity to have a local upward correction. However, we could have a decline towards the 55 Moving Average afterwards.
The price has been falling since a "Hanging Man" formed at the last high. At the same time, we're likely going to have an upward correction towards the nearest "Window", which could be a departure point for another decline.
Galya Svetlova
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