Analysis Forex market on 7.02.2020

Hello. Let’s see what interesting to trade in the Forex market tomorrow 7.02.2020


On a pair USDCAD price formed another pattern Doji at the level 1,33000. In General, nothing has changed. Judging by the large number of sellers in the statistics of transactions should wait for a small correction, then another attempt to pass the level. But don’t rule out the possibility of a resumption of falling back to the district 1,30500. Purchase will look after the breakout of the level. Sale will look at lower time frames, if there are signs of reversal.


On the pair EURAUD stopped at 1.6314 and formed a pattern Doji. It seems that the downward correction to the previously broken uptrend is over and expect the resumption of growth rates, and development of the up trend. Consider purchase here.

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