Temidayo95

Temidayo95

Lower high of 4hr resistance. Makrket as broken monthly support (1.34000). Fundamentals in our favour. Short Usd/cad

Temidayo95

BEARISH

Temidayo95

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Temidayo95

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Temidayo95

POSSIBLE SHORT IF UNITED STATES GDP (13:30PM GMT) IS LESS THAN EXPECTED LEADING TO A FALL IN THE US DOLLAR AND A RISE IN OTHER CURRENCIES.

Temidayo95

RETRACEMENT OF LONG DOWNTREND TOWARDS THE 50 OF THE FIBS. MARKET HAS BEGUN TO FALL AND HAS ALSO BROKEN AN UPTREND (RED LINE). POSSIBLE SHORT TOWARDS 4 HOUR SUPPORT (0.76100)

Temidayo95

Black trend line drawn from daily chart. EUR/AUD could extend to that level and then go bullish towards daily resistance of 1.42000. If we see a break of this trend line then long opportunity no longer valid.