Moving on a downside channel on an upside channel. If the price moves to the downside channel floor, the upside channel floor will break and the price will close to 101. If the price crosses the downside channel ceiling, the next target is the upside channel ceiling at 109.85. At this price we expect to fall again to 101.
As NZD has down trend, each Symbols started with NZD like NZDCHF has down trend. If the static support broken down, the first sell position target is 0.55.
In AUDJPY, If the RSI trend line broken down or the price become lower than 65, I will get the sell position. Since in D and W1 time-frame,the price trend is low.
