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After the NZDUSD has fallen strongly, the price is testing the lower line of the descending channel. As the RSI approaches from the oversold area
The selling pressure continues to dominate the CADCAD to settle near the lower line of the descending channel. Our negative outlook
NZDUSD is trading within the ascending channel to support our buying point,
Selling pressure has been dominating the CADCAD since its rebound from 1.2589.
The AUDUSD rallied strongly in early trading,
The pair rebounds from the upper leg of the bearish triangle pattern, and we expect it to test at 112 support and then break it down to 110.80 then 110.25.
The pair is still trading around the 1.3550 level and stability has not reached its highest.
In the last analysis, we pointed out the importance of the support level of 1.2000 and the pair could not
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