USD/CAD: 55 Moving Average acting as support
There's a bullish 'Hammer', which has been confirmed by the following 'Three Methods' pattern. In this case...
EUR/USD: price going to get support on MA
There's a correction, which is taking place on the four-hours chart. Also, we've got a developing a "Three Methods" pattern, so the market is likely going to continue moving down towards the Moving Averages.
We've got a "Shooting Star", which has been confirmed. Therefore, the 34 Moving Average is likely going to act as resistance. If a pullback from this line happens, bears will have an opportunity to reach the nearest support level.
Galya Svetlova
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AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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