Price is currently trading above the EMA'S and has been for the past few weeks, also note that price had a fakeout and rejection of the 0.79 fib level which was a key value area for market orders. doubters will doubt, traders will trade. prove me wrong!
price coming up to the 0.705 and 0.79 zone on the fib also a price reversal zone so expect a push to the downside. also take note that on the 5min chart price has tested the 150MA (RED LINE) several times and was unable to break through it so my thoughts is that it will be used as resistance.
Elliot waves on the 1 hour chart of EURNZD, 5th wave on the downside to be created once there has been a rejection of the resistance level (red line). also a head and shoulders formation, so expect a strong bearish run.
swing setup for AUDJPY, on the daily chart you will be able to clearly see that this pair has touched a major PRZ level, on the hourly chart i have mapped out possible scenarios of how AUDJPY will react to different sup/resis levels, before it makes its way up to 82.110