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EURUSD Currency meter trade outlook

EURUSD Trade Outlook form Currency Meter

eurusd-outlookEURUSD is approaching the support level at 1.1726-10. A decisive break to the downside will indicate buy rejection and a short position maybe entered. We will also need to confirm the entry with other indicators patterns such as candle stick formation and other filter indicator such as stochastic or MACD.

 

Currency Meter USDCAD Outlook

USDCAD Outlook for long term traders.

usdcad-outlookUSDCAD is approaching the resistance level at 1.2915-18. A decisive break to the upside will indicate sell rejection and a long position maybe entered. We will also need to confirm the entry with other indicators patterns such as candle stick formation and other filter indicator such as stochastic or MACD.