Channel indicating a significant bull guys, so get in on this trade while you can, this will be epic.
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Trade at your own risk ...
EUR/USD bounced from 1.117, but failed to grow above previous LH level at 1.13534. Now we have several potential bounce zones within this choppy market picture. First one is where price is now. Second lower at 1.12555 and so on.
Support 1.129 / 1.125 / 1.121 / 1.117
Resistance 1.132 / 1.135 / 1.137
GBP approaching support at 1.234. This will be a perfect zone for long. Build position at several zones - second at ~1.2296. Don't be a pussy - don't use stop loss here.
Targets are resistance zones above: 1.241 / 1.247
NZD show first signs of reversing from bear trend on grand scale. I expect it to come back to SR zone it broke out in the end of May. Strongest support at 66.3. Possible bounce a little lower or higher. Note that shorting in the same direction is not safe.
Support 67.6 / 66.9 / 66.3 / 65.65
Resistance 69.2 / 70 / 71.3 / 73.1
If you are looking for the strongest support you can ever think of, it is the one USD/AUD chart is now at 1.420-1.425. Check month timeframe to see it yourself (or even year tf).
Good chances for a nice bounce from this level. I'm talking about 270-300 pips at least with higher targets at 1.47 for 500 pips .
If that support will be broken, still this trade...
Now at important resistance level around 2735-2775. EMA 200 at 2718. If won't breakout on that move, pullback to retest ~2666 and possibly to 2570.
Support 2650 - 2570 - 2530 - 2437
Resistance 2775 - 2815 - 2900 - 2950
