EUR/USD, USD/CAD Daily Forecast: December 14, 2018
Jason Sen | Dec 14, 2018 07:14AM ET
EUR/USD support at 1.1325/15. Try longs with stops below 1.1300. A break lower is more of a sell signal targeting 1.1270/65 before a retest of the November low at 1.1220/10.
First resistance at 1.1410/20. Try shorts with stops above 1.1435. A break higher is more of a buy signal targeting 1.1465/70 & resistance at 1.1490/1500 for profit taking.
USD/CAD minor resistance at 1.3370/80 (held perfectly yesterday) then the recent high of 1.3435/45. A break above 1.3470 targets 1.3490 & 1.3530/40.
Minor support at 1.3335/30 (held perfectly yesterday) then better support at 1.3295/85. Try longs with stops below 1.3270. A break lower is more of a sell signal targeting 1.3250/40 before support at 1.3195/85.
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