USD/CAD Trend: Is 1.4247 a Trap?
USD/CAD climbed to 1.4247 last week before retreating. Traders now face a binary choice: is this a dead cat bounce or the restart of a major trend?
USD/CAD climbed to 1.4247 last week before retreating. Traders now face a binary choice: is this a dead cat bounce or the restart of a major trend?
EUR/USD broke the 1.1410 neckline, confirming a weekly Head and Shoulders pattern. With dovish ECB remarks, price targets 1.1354 next.
The SNB's 0% rate decision hit the franc. I'm watching the 1.0612 triple support zone for a bullish reversal on the 4-hour chart.
EUR/USD is ranging between 1.15937 and 1.1622, capped by the 1.16287 midpoint. The levels that matter, the breakout trap above 1.1644, and how to trade it into