#AUDUSD, #NZDUSD, #USDCAD – Commodity FX longer term charts review, bouncing from BIG levels!

FXTT Instructor 15/07/2019 Uncategorised

1. Greenshoots for Commodities/Commodity FX, BCOM Index breaking trend, inflation expectations rising and commodity FX perking up

2. AUDUSD – 0.68 THE FIGURE has historically been a MASSIVE support/resistance level, Aussie bulls currently defending it, RSI sporting bullish divergences

3. NZDUSD – Bouncing off long term T-Line and price support, monthly Stochastics turning bullish

4. USDCAD – Lower lows, BIG challenge ahead in the form of long term T-Line and moving average