Minors Daily Forecast Oct 13 2016

AUDUSD, Bearish Eyes The 0.7520 Levels...USDCAD: Bullish But Hesitates Ahead Of Key Resistance...NZDUSD, Bearish Eyes Further Downside...

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Minors - 956854 (1)

AUDUSD, Bearish Eyes The 0.7520 Levels…

As long as 0.7622 resistance holds on a daily closing basis, the AUDUSD remains on the downside to the 0.7520 levels, a halt is likely but a cut would open the 0.7475 levels, further down, support comes at the 0.7400 levels.

Above 0.7622 sees a recovery risk to the 0.7700 levels…(Note that minor resistance comes around 0.7585 levels)…

minors-daily-forecast-oct-13-2016-audusdUSDCAD: Bullish But Hesitates Ahead Of Key Resistance

As long as 1.3138 support holds on a daily closing basis, the USDCAD remains neutral with risk to the upside to the 1.3295 levels ahead of the 1.3407 levels, below 1.3138 sees a pullback risk to the 1.3028 levels…

minors-daily-forecast-oct-13-2016-usdcadNZDUSD, Bearish Eyes Further Downside…

As long as 0.7110 resistance holds on a daily closing basis, the NZDUSD remains on the downside to the 0.70670.6990 levels, a halt is likely and a reversal may occur, below 0.6990 would open the 0.6888 levels, above 0.7110 sees a recovery risk to the 0.7182 levels before the next falling…

minors-daily-forecast-oct-13-2016-nzdusd

 

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