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The analysis of daily candles on 11.06.2020

Hello. Below are a few recommendations for trading in the Forex market on 11.06.2020

GBPUSD

On GBPUSD reached the level of 1.2800 barriers and formed a pattern Doji. It seems that the price went from the outset and now need a correction to the confirmation of the breakdown. After which I will seek to purchase, with the expectation of a continuation of the trend up.

USDCAD

On a pair USDCAD price has stuck around the level 1.3400 and formed a pattern Pin-bar. Should probably wait for a correction upwards, after a protracted decline in the district 1,3600. Buying here is not recommended, because they are against the trend.

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