We can see this forming higher highs and lower highs which tells us we have a bullish trend and that price may move higher. Looking for an entry around 61.8 fib level
Keeping an eye on euraud, we are forming a possible double bottom formation and also retesting our trend line support for the third time. So we would be looking for a rejection of this level. Also keeping an eye on the AUD pairs to see if we have some strength.
Gbpjpy retesting the daily trend line resistance, which is acting as support. Looking for this to reject the support and move higher. In this case it has moved up about 45 pips from horizontal support zone.
