Pullback and then Possible sell off of TL resistance
$EURGBP Monthly Targets .7260 confluence target
$USDCHF Weekly channel w/ a little more upside until 2 scenarios play out, if its taken out we'll go to test 98512 high and onto parity. Consequently back down to the channel....either may provide an area of consolidation
Look for a rejection and downtrend continuation, confirmed by bear flag break
needs to take out that level to confirm continuation of the bullish momentum and a false breakdown last week.
Confrimed breaks above and below areas offer opportunities...gotta wait and see how it plays out
Momentum is turning positive and it looks like it can continue up, needs a close above resistance otherwise watch for channel break down.
GBPAUD currently at channel resistance and can continue down from here, but an alternative scenario is also tradable.
100 pip opportunity if we take 8650-8640 level
EURUSD daily close below 1.3585 today will open up next lvl at 1.3478