EURAUD: Too Overbought Now?! 🇪🇺 🇦🇺
EURAUD looks overbought after a test of a wide daily resistance cluster.
As a confirmation, the price broke a support line of a rising channel
and a neckline of a double top pattern.
I anticipate a retracement at least to 1.6286.
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Daytradingforex
USDCAD: Day Trading Setup for Today 🇺🇸🇨🇦
USDCAD is currently consolidating within a horizontal intraday range.
After a test of the resistance of the channel, the price may drop
all the way down to its support.
As a confirmation, I see a head and shoulders pattern formation.
Target - 1.3466
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