EURCHF has potentially broken out of a major flag pattern on the Daily. Price is now retesting the flag, if it fails to break back into the flag, we expect price to head lower towards the next support level.
USDCHF seems to have broken below a flag pattern on the 4H chart and is currently retesting it. If we see a last kiss setup (price rebounds lower from the flag retest) we expect price to drop towards the next support level.
EURJPY has broken up into a bullish channel ever since it took out the previous trading range box. The channel has been narrowing recently signalling a potential reversal nearby. Price may look to retest previous highs at the next blue resistance level. A break of the bottom yellow trendline would signal the ...
EURNZD recently broke out of a trading range and is now retesting the previous bottom. If price fails to break back into the range (last kiss) then we have a sell opportunity towards next support.
Trade invalid if price breaks back into the previous range.