Resistance zone

Good afternoon Dynamic Traders,

The USDCAD is in a resistance zone so we could see a possible reversal. Currently we're in proximity to the figure 1.1000 with a MACD longer term and short term divergence on the daily chart.

USDCAD forex chart from Advanced Get

I entered this trade on a smaller time frame yesterday evening as there was a good entry point with a double top and a candle stick reversal. Since then I adjusted my stop this morning to entry point and exited my 1st position for a 41 pip profit. My 2nd position has since got stopped out. I'm still keeping my eye on this pair for another good short entry.













USDCAD forex chart from Advanced Get

The EURGBP has come down to a potential support area. This is one to keep an eye on for a reversal.













EURGBP forex chart from Advanced Get

I entered this trade this morning on a 123886 reversal which had very low capital exposure. I've since exited my 1st position and I'm now still in this trade at break even.













EURGBP forex chart from Advanced Get

Good trading.