Triple top needs that pullback to go higher. Let the prices see 0.845$.
Take a look at the chart, my view is clearly explained.
Just an observation, not sure what to do, I am waiting.
I see a short term impulse down, a flag and a beautiful wedge, I think it's going down again.
A long term 1-2-3 figure is ended, I think after that range we will go up. Because there is the bottom of the range, I take a position long. The descending triangle has been broke with good volume, so I am long. Really really tight stop loss just under the blue line.
I am taking a long right here, not sure where it goes but it worth a try, stop loss under the rectangle, let see where the impulse can take it.
Uptrending channel broke, nice impulse to break it. I think this longterm trendline will be broke. We are going at least at this trend line.
I see a beautiful channel break with a great impulse, going somewhere around 0.79$.
There is a beautiful range there and an impulse not completed in my opionion, I will wait until that channel / flag is broken, then choose a direction.
This area contains a lot of congestion, I don't think it will remains there for a long time, it will go down a bit to 618 to go higher after.
I think we will see a consiladation for some time.
The GBP is weak, the CAD also, but the GBP can't go higher, will go down on asian session.
The GBP will gain because it has been too low too fast. Brexit is too far to keep the GBP that low and that triangle show me a good opportunity. I am long.
Another ascending triangle will break to 38% fib level.
My view on EURNZD is that we will see it go down a bit more, following the triangle to complete the fib extension.
I think USDCAD will see 1.12-14 this year.