Daily technical analysis for 10.01.2020

Hello. Below are a few recommendations for trading in the Forex market on 10.01.2020


EURUSD formed a Doji pattern in the area of the trendline and the circular level 1,11000. The pattern visually is below a trend line, but a good breakdown is not considered. And I think you should look here to purchases with the expectation of continuation of trend.


On a pair USDCAD went to the 1.3100 and Bouncing a little to finish a pattern Pin-bar. Probably will end the correction and resume the decline next down trend. In the statistics of transactions there are more buyers, and for whose account to go below. I will be here to sell with targets 1.2900 and below.


The pair AUDCAD on pattern Doji under the previously broken support level 0,89700. I think here you can try to sell, with small goals on the lower boundary of sideways trend in the area 0,88721.

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