EUR/USD: reverse in to longs targeting 1.1160

Jason Sen DayTradeIdeas.co.uk

EUR/USD shorts at 1.1110/20 target 1.1085/75 for some profit taking. Try longs at 1.1050/40 with stops below 1.1025.
Stop out of shorts above 1.1145 & reverse in to longs targeting 1.1160/65 & 1.1180/85, perhaps as far as a selling opportunity at 1.1205/15 in to next week.

USD/CAD holding the September low at 1.3133/29 but below here targets 1.3105/00 & a buying opportunity at 1.3090/80, with stops below 1.3060. A weekly close below here is an important sell signal.
A recovery targets 1.3155/60 with first resistance at 1.3175/85. Look for a selling opportunity at 1.3210/20, with stops above 1.3235.

Author

Jason Sen

DayTradeIdeas.co.uk

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