rdiniba

rdiniba

AUDUSD Possible double bottom formation, price already broke our resistance level and now we look for the pullback/retest in support levels below if price can hold in 0.73696/0.73076 zone we could also see a inverse head and shoulder formation in the making. but as of now price will move down for retest and formation of price patterns we are looking for

rdiniba

i believe Eurusd is still in favor for more bullish moment at least to the 1.10120 on which is a strong resistance zone and 0.5 fib level if price does retrace and holds i feel a reversal all the way down potentially to 0.997 maybe even lower. i feel the bullish pressure is do to the bullish rectangles retrace after the break of its support at 1.05476

rdiniba

i feel usdcad still has a lot of bearish pressure and can potentially hit the support zone at 1.28878. do to it being a 61.8 fib level. If price manages to hold a reversal could come about and bring price back to its previous ascending channel and with enough bullish pressure hit 1.40011 resistance level but I'm looking more towards 1.36322 for a for sure TP zone .

rdiniba

My thoughts on USDJPY since price is falling i believe we are looking at a possible bullish symmetrical triangle enter when price reaches triangles support or wait for break in triangles retstance