Giuseppe Basile, CSTA/IFTA
FibStalker Trading
The USD/CAD has rallied after profit taking at the 2nd target at 1.2880. Rally brought price right into the next area short starting at 1.2692.
SP&500 has participated at 2,075 short area. Price now captured between 2,051 daily longs and 2,062 H4 shorts.
Dollar Index has continued lower and hit 2nd target at 92.04 and behaved like USD/CAD. However the Dollar could resume move lower soon.
EUR/USD, profit taking at around previous highs after hitting targets. Next long could present at 1.1414 and 1.13 for a continuation higher on Dollar weakness.
We also reviewed USD/JPY, GBP/USD, AUD/USD, EUR/CAD.
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