USD/CAD broke support zone

USD/CAD broke support zone

  • USD/CAD broke support zone
  • Next sell target - 1.2820

USD/CAD recently broke the support zone lying between the round support level 1.3000 (which has been reversing the price from the end of July), 100-day moving average and 50% Fibonacci correction of the previous sharp upward impulse from April. USD/CAD is expected to fall further toward the next sell target at the next support level 1.2820 (former support from May).



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GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

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