It has been evident that markets show a risk off approach this week and have favored safe haven currencies. French and German CPI figures have been released and have come in close to forecast. Euro Weakens, and will continue to struggle against most of its pairs.

Market: Bullish Price: Ranging on lower time frame charts. Markets closed on Friday with the appearance of a double bottom role reversal forming, we could see some resistance at weekly M2 and weekly PP Strategy: My plan is to buy in at the higher low which should occur close to weekly S1 pivot point. I will be keeping a close eye on a shorter time frame to see if I can get in at 1.1350

Market: Bullish Price: Bullish Strategy: I'm expecting to see resistance at Monthly R2 Target, My plan is to buy in just above Monthly M3 at a higher low on a lower time frame at 0.9000

EURCAD

Market: Bullish Price: Bullish Strategy: I'm expecting to see some resistance at Weekly R1, and should reverse again at the next resistance. My plan is to buy in at the higher low at 1.5000 once it has reversed.

Source: MT4

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