FX.co ★ Trading Plan 07/11/2017

The first thing that you should pay attention to today is the housing starts data in Canada.

The Job Openings and Labor Turnover Survey (JOLTS) data came out showing a decrease in the number of open vacancies from 6,044,000 to 5,890,000.

The USD / CAD currency pair is likely to get close to the periodic support level of 1.2825 where it will go under support that will slow down the movement.

The EUR / USD currency pair, under the influence of US statistics, is likely to change moods and bring us back to the resistance level of 1.4440.

The GBP/USD currency pair is likely to form a temporary range of 1.2860 to 1.2905 where the "bulls" will try to pull the cup on to their side. In the event of the price being fixed above the value of 1.2910, it is likely to move to that range level of 1.2940 to 1.2965.