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A world of Trading assets

11/03/2021 Market Analysis

Authored by TD Markets
11.03.2021
Market Analysis
0
1 min

BTCUSD broke above the resistance zone instead of rejecting which now indicates bull momentum. The market looks set to continue the push higher upon the completion of the bull flag.


EURAUD

EURAUD looks set to continue the downtrend as the market broke the support zone. A retest of the zone will see the market pushing lower.


USDCAD

USDCAD is still sideways however the previous bull wave failed to form a higher high upon rejecting the support zone which indicates that the bears and the support zone is weak. As such a break below the support zone will see the bears continue the run to the downside.

Authored by TD Markets
11.03.2021
Market Analysis
0
1 min
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