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USD/CAD 4H Chart: Channel Down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 18, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    EUR/PLN 1H Chart: Channel Up Comment: The currency pair’s risks are skewed to the upside. EUR/PLN has recently broken through the three-and-a-half-month down-trend and has formed a bullish channel. The Euro is expected to rebound from a solid support area at 4.2970 and surpass this month’s high at 4.3127—the target is the upper boundary of the pattern, which is likely to be tested at 4.3230. The sentiment in the SWFX market (28% of positions are long and 72% are short), is in favour of Euro’s

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