Euro Dollar Trend Line

The USD/CAD had a bearish day yesterday then hit support and bounced. Using our money management techniques most of you should have profited well from that. We have this on our watchlist again waiting for a suitable set up in addition to the USD/CHF.

The EUR/USD hit our trendline precisely and reversed (after the fakeout). This too is on our watchlist for Monday.

The CAD/JPY & NZD/JPY recently entered our buy zone and have provided profits but beware of the AUD/CHF which although has also entered the buy zone but is at the figure with a possible signal line divergence.

Hope you all have an enjoyable weekend.

FX Analyst
Anne Chapman