EURCAD Long Continuation + 4 Open Trades! (Forex Analysis 2020-07-16)

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Potential setups from earlier in the week have triggered as well as a couple of pairs developing nicely into the later stages of this week. USOIL is still a long-term trade I am holding, NZDUSD short is still open with bears taking control back today. After a weak start, GBPUSD is now also pushing down and the AUDUSD short trade has triggered.

Potentials to track are EURCAD on the daily, with a long continuation in development and some nice indecision on support so keep a close eye on this one. EURGBP GBPAUD are both approaching SR areas that I want to track so I will be watching both of these. Finally, USDCAD triggered on the 8 hour in a range trade that some of you may have caught. If you missed it, keep an eye on the daily because if indecision forms we could enter long still!

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