EURUSD just broke its ascending channel. Expecting a break and retest of the 1.20 resistance zone. Which may see the pair sinking back to 1.85-1.80 zone by may.
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After a being in a downtrend for an extended period of time, the USDCHF is now forming an inverse head and shoulder pattern. Would this pattern be valid. That is left for the market to decide. But till then. we wait for the complete formation of this pattern, and probably a break and retest of the neckline to enter a long position.
The uptrend line has been broken in the one hour timeframe. with the Aussie forming a potential head and shoulder. A price reversal is being anticipated this coming week. Looking to go short once a break below the neckline is seen as confirmation
