Minors Daily Forecast Dec 08 2017

AUDUSD: Bearish Eyes Further Downside! USDCAD: Bullish With Caution! NZDUSD: Bearish Eyes the 0.6800 Levels!

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AUDUSD: Bearish Eyes Further Downside!

As long as 0.7550 resistance holds on a daily closing basis, the AUDUSD remains on the downside to the 0.7455 levels ahead of the 0.7370 levels, above 0.7550 sees a recovery risk to the 0.7632 levels (main) where another fall is likely…

USDCAD: Bullish With Caution!

As long as 1.2782 support holds on a daily closing basis, the USDCAD remains on the upside to the 1.2900 levels, a halt is likely but a break will aim the 1.3012 levels ahead of the 1.3100/1.3197 levels. Below 1.2782 sees a fall risk to the 1.2705/1.2625 levels.

NZDUSD: Bearish Eyes the 0.6800 Levels!

As long as 0.6888 resistance holds on a daily closing basis, the NZDUSD remains on the downside to the 0.6800 levels, a halt is likely but a cut will aim the 0.6758 levels ahead of the 0.6675 levels. Above 0.6888 will reverse risk to the upside to the 0.6980 levels ahead of the 0.7054 levels…

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