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EUR/AUD 4H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/CAD 1H Chart: Channel Up Comment: While there is a high possibility of a sell-off in the near future, the overall outlook on USD/CAD is bullish. The pair has recently come into contact with the upper boundary of the channel it has been forming since the last week of December. Accordingly, we expect a decline down to 1.43 before another wave. There demand is implied by the lower edge of the pattern and the weekly R1 level. However, if the rate shoots through 1.4450, the focus will shift to

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