EUR/USD: 'Doji' at the last local low

EUR/USD: 'Doji' at the last local low

3008eurusdh4.png

There's a 'Doji', which has been formed at the last local low. So, after a short break, the market is likely going to reach the next resistance at 1.1796.

3008eurusdh1.png

We've got a bearish 'High Wave', so the pair is likely going to reach the 34 Moving Average. A pullback from this line could be a departure point for another upward price movement.

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GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.

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