EUR/USD And USD/CAD Spot Daily Forecast – July 11, 2019
EURUSD USDCAD Spot Chart
EUR/USD break higher targets 1.1290/1.1300 with strong resistance at 1.1320/30. Shorts need stops above 1.1345.
Failure to beat 1.1290/1.1300 targets first support at 1.1250/40. We should meet strong support at 1.1230/25.
USD/CAD reversed to minor support at 1.3045/40. Below 1.3030 targets 1.3010/00, perhaps as far as strong support at the 500-day moving average at 1.2990/80.
Very minor resistance at 1.3090/1.3100 but above 1.3110 targets 1.3135 then resistance at 1.3150/60. A break above 1.3170, however, targets 1.3185/90 and 1.3235/40.
EUR/USD Break Higher Targets 1.1290/1.1300
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