The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
GBP/USD: bullish 'Flag'
There's a bullish 'Flag', so the pair is likely going to reach the next resistance 1.3450 - 1.3471. However, if a pullback from this area happens next, there'll be a moment to have a decline towards the closest support at 1.3300 - 1.3344.
The market has broken all the Moving Averages on the one-hour chart. At the same time, we're likely going to have a local downward correction towards the nearest support at 1.3380. A pullback from this level could be a starting point for another upward price movement.
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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