Adewale's views on the Charts is not advice or a recommendation, it is educational and general information only, all charts are depicted as daily time frame unless stated underwise.)
EUR/USD moved aggresively today by breaking through the key resistane zone around 1.3417.In the near term we may see a retracement to value/support zone of 1.3417, where will can look out for a buying signal to trade in line with the bullish momentum in place.The next key resistance zone can be seen at 1.3652.
GBP/USD agressively moved up today, and failed to fill the gap formed on monday.The bullish momentum in the market now is very strong, most time when will have this aggresive move, we may see an aggressive correction.But we are very much bullish in our directional bias.
USD/CAD aggresively rotated lower today after initial bullish push that failed to sustain with the 8 day EMAS.We are looking for rotation into the value/horizontal support around 1.0244 zone where will can join the falling knife.The next support level can be seen around 1.0136.
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