Daily Forex Price Action - Fri 14th July 2023 - Charles Clifton

Momentum Fading : CAD Weakness Led To Profits

Fri 14th July 2023 : Daily Currency Strength Analysis

Today we’re looking at Trading Setups in:

CADCHF (Primary Focus Pair)
NZDCAD (Covered In Video)
USDJPY (Covered In Video)

CAD weakness has helped us profit on multiple currency pairs this week including GBPCAD and CADCHF.

We feature CADCHF today as our forex pair in focus as price has broken down through a key level of support.

This has opened up an opportunity for us that could see the price of CADCHF trade lower towards the May 2023 lows at 0.6500.

Continued >>>

Very useful, Charles. Keep up the good work.

Thanks Bud, feedback very much appreciated.