mrfalvo

mrfalvo

AUDCHF is approaching an important area where resistance is expected. I'm expecting a pull back as we approach this major weekly node potentially the start of the local downtrend. What happens at this area gives us a good indication of where AUDCHF will end up in the next few weeks/months so I expect some type of difficulty getting over this area. I will be...

mrfalvo

Lets look back at this in a couple years. :)

mrfalvo

USDCHF still looking very droopy after losing the weekly and closing below the move to the local high. I would expect price to retrace up and test the levels they left untested coming down. I'd expect them to come down to at least 0.96620 to offset the bearish momentum.

mrfalvo

USDTRY has started to lose momentum towards the downside. We found a base and it looks like we are starting to accumulate. If price breaks to the upside some long profit targets and/or short opportunities are shown in red. Potential long entries are in green, expectation is we at least reach the first major resistance area. PLEASE NOTE: This does not end the...