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EURUSD break higher targets 1.1290/1.1300 with strong resistance at 1.1320/30

Written by By Mike “Mish” Shedlock's | 2019-07-11 19:27:43 GMT

EURUSD break higher targets 1.1290/1.1300 with strong resistance at 1.1320/30. Shorts need stops above 1.1345. Failure to beat 1.1290/1.1300 targets first support at 1.1250/40. We bottomed exactly here but below 1.1230 targets 1.1190/80. A break below 1.1170 targets 1.1140/30.

USDCAD reversed to minor support at 1.3045/40. Below 1.3030 targets 1.3010/00, perhaps as far as strong support at the 500 day moving average at 1.2990/80. Minor resistance at 1.3090/1.3100 but above 1.3110 targets 1.3135 then a resistance at 1.3150/60. A break above 1.3170
however targets 1.3185/90 & 1.3235/40.

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By Mike “Mish” Shedlock's
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