The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
GBP/JPY: 'Double Top' led to decline
The market has been declining since the last 'Double Top' formed. Also, there's a bearish 'Pennant' pattern, so it's likely that the market is going to reach the next support at 140.61 in the coming hours. The subsequent pullback from this level could lead to an upward correction towards the nearest resistance at 142.40 - 142.72.
Sergey Logachev
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The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
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