USDX has ticked above the falling channel
AUDUSD: Trading at the higher end of the descending wedge
USDCAD: Support finds at 1.2530 its 200EMA (weekly) <1.2500<1.2460 exists
NZDUSD: In recovery mode – 0.7440 is the major resistance.The daily studies RSI is in recovery mode and the oscillator is bullish
AUDNZD: Weekly support finds at 1.0480 below this 3-year trendline in focus. 1.0325-1.0370 should hold to maintain the upside potential
It is important to always keep in mind the risks involved in trading with leveraged instruments.
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