EURUSD & USDCAD outlook
Jason Sen of DayTradeIdeas.co.uk - InsideFutures.com - Fri Dec 07, 1:52AM CST
EURUSD holding above 1.1360 tests minor 2 month trend line resistance at 1.1410/15 then key resistance at 1.1420/30. A break above 1.1450 is a medium term buy signal this week.
It could be worth trying longs at 1.1360/50 with stops below 1.1325. Further losses target 1.1300/1.1290 then 1.1265/60 before a retest of the November low at 1.1220/10.

USDCAD first support at 1.3360/50 but below here targets a buying opportunity at 1.3295/85 with stops below 1.3265. Next target & support at 1.3195/85, with stops below 1.3155.
A break above 1.3440/45 targets resistance at 1.3460/70. Above 1.3490 look for 1.3530/40.

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