USDCAD and NZDJPY Analysis – February 07, 2018

The USD has found some strength during the selloff in stocks, resulting in a move higher from the lows at 1.22483 to 1.25663. It has retraced lower to 1.24900 today and looks to have formed a bear flag shown here in red. This could target 1.24500 if it breaks down and this area is strong […]