Actual trading ideas and Analytics for 5.11.2019

Hello. Below are a few recommendations for trading in the Forex market on 5.11.2019


On AUDUSD managed to retain the level 0,6900 and trend line and bounced formed a pattern of Absorption. Probably should look at sales. But remember that not far down the level 0,68500, which can hold the drop. After his breakdown and will look for signals for sale.


On a pair USDCAD is moving near the level of 1,31500 and formed pattern Inner bar. The situation is ambiguous. The latest trend has been downward, so purchase while you go is not recommended. But the price is moving above level and sell level is not worth it. In General, expect to continue falling. The transaction will look later in more understandable situations.

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