Minors Daily Forecast Dec 05 2017

AUDUSD: Bullish Eyes the 0.7665 Levels... USDCAD: Bearish Eyes The 1.2625 Levels...NZDUSD: Faces Pullback Threats...


AUDUSD: As long as 0.7595 support holds on a daily closing basis, the AUDUSD remains on the upside to the 0.7665 levels ahead of the 0.7700/0.7732 levels, below 0.7595 sees a fall risk to the 0.7531/0.7455 levels.

USDCAD: As long as 1.2725 resistance holds on a daily closing basis, the USDCAD remains on the downside to the 1.2625 levels, a halt is likely but a break will aim the 1.2533/1.2475 levels. Above 1.2725 sees a recovery risk to the 1.2825/1.2938 levels before another fall.

NZDUSD: As long as 0.6945/0.6980 resistance holds on a daily closing basis, the NZDUSD remains in a pullback mode and further down could be seen to the 0.6758 levels, further down support comes at the 0.6675/0.6557 levels. Above 0.6980 will turn outlook bullish to the 0.7054/0.7177 levels.

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