the chart suggest that the price would rise to the upper tline and if it gets rejected to break the tline then that would be first step of completing the h and s and if the chart get confirmed then the floods gate would opened for shorts but for now the market is begining the bullish trend with even the way previuos week closed .
The chart suggest that the price would rise t retest the significant trend line and the zone at 1.33 then contineu with the short tred and movement.... the Overall trend is short and the correlation between the assert support this
THe chart suggest that it might go back to 1.788 to retest and complete the chart pattern which a H and S and contineu with its own down trend movement.. The overall trend is still short
head and sholder pattern says suggest suggest short movement for this assert and also the breaking and retesting of support CZ and following the candlestick suggest the are more sellers dan buyers thus short movement is about to occur so Zar will trade stronger dollar
The upward trend line has been broken and also followed by decnding triangle suggesting short moement
fundamentals suggest that the assert will continue selling because of the weakening EUR
to crypto traders that's an outlook before buying eths wait for a complete retest of cz if it not broken the upward movement should be looked out for
correlation suggest that 60% of times uc and uj trend the same way so the triangle suggest the will be short movement so observation of the current candlestick is important meaning if the candlestick closes below the trend line then short movement is possible
i think the usdjpy will continue shorting since the yen has shown signs of getting stronger in the other asserts so this suggest the short movement, as long as it doesnt break the trend line that indicates the downward movement
the gbpjpy is been trading in aflag for days so if the break out of the support is successful then the downward movement should continue until the lower trend line, yen is getting stronger
the falling wedge on a down trend is a strong reversal signal and that it is what this assert showed and also it broke the downward trend line, and also with the dollar weakening this suggest that this assert will continue moving upward
since au and nzd usd are directly corerelated this also suggest up ward movement since the downward trend is been broken and as dollar index shows the dollar weakening so the upward movement it is
Au is been on the down trend so the downtrend has been broken so as the dollar continue to weaken this suggest that AU will continue moving up