USDCAD reversed from key support level 1.3600 Likely to rise to resistance level 1.3700 USDCAD currency pair recently reversed up from the key support level 1.3600, which has been steadily reversing the price from the start of May. The support level 1.3600 was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci […]
EUR/USD The euro has retreated from its previously reached highs. The 1.12000 level provided strong resistance to buyers, and after testing it twice, the price has corrected to 1.1100. This level has already offered support to the pair last week, so for now, we are seeing range-bound trading between 1.1200-1.1090. What scenarios could unfold in […]
The post Euro Tests Key Levels Ahead of Inflation Data appeared first on Action Forex.
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