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Price tried to break multiple times 0.9770 area (21 Feb, 24 Feb, and now actually broke.
We’ll might enter for a short position soon
Right now the price is close to the values from June 2016
We expect to see a rejection from this resistance.
Wait patiently to see if the price goes a little more down to touch our trendline.
Then we might consider a buy position. since this pair is on an ascending channel created since October 2019.
It’s time for this pair to take a decision about which way to go.
Let’s see if it breaks this resistance.
You vote for a pullback or a rejection?
We’ve been monitoring this pair since last week.
For longs, buy now near the break of the trend line or wait for a re-test.
EURCHF it is the end of bears? EURCHF touching lows from 2015.
Leave your comment about what you think will happen next.
EURGBP on a descending channel since August 2019.
The price is now consolidating.
We expect to see a little push to hit 0.840 zone.
GBPJPY Broke the trendline and made a re-test.
Price will touch support zone (142.43) and then will raise again to hit 143.80.
Time for the Aussies to get back!
We expect a growth inside our channel.
EURAUD is on an ascending channel.
We are looking for buy opportunities near to trendline.
Trading this pair can be tricky right now.
Sell near the trendline for a +20/60 Pips
We caught +20 pips already on this pair and we are waiting to see if the price can go a little bit up ( 110.10 area ) then we will consider a short between the 110.10 - 110.40.
We're still waiting to see how the price will react when approaching the 1.0884 zone.
Are you confident that the price will go further down or the bulls will pull it up?
Comment your opinion.
AUDUSD on the end of the tunnel.