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Crude oil is currently in a bearish flag pattern in the 30-min chart.
It is currently hovering around its resistive trendline.
Hence we expect it to be bearish as long as the resistive trendline holds.
NZD/CHF has formed a head and shoulder pattern in the 4-hour chart.
It is currently hovering around its neckline.
We expect the neckline to be broken and the pair to move on next support levels placed at 0.66342 and 0.65909.
CAD/JPY is currently in a pullback trade in the 30-min chart.
The pullback seems unconvincing with a rising wedge formation.
Hence we expect the pair to face selling pressure from the bears and move downside from here.
EUR/GBP is in a sideways movement in the 1-hour charts.
It is currently at its upper end of the range and has formed a bearish engulfing candle.
Hence we expect the pair to move to its lower end of the range - support at 0.89518.
After a long bearish move, NZD/CHF is currently in a pullback mode.
It has crossed the critical resistance at 0.66260.
Hence we expect the pair to continue its pullback rally and reach the bearish trend line.
USD/CAD is currently in an ascending channel formation.
The resistive trend line has catapulted the price action with consecutive strong bearish candles.
We expect the pair to reach the supportive trend line from here.
EUR/USD after breaking the resistance at 1.14198 is currently in a retracement rally.
Moreover a strong bearish engulfing candle has formed at the resistance.
Hence we expect the pair to be bearish and move to support level at 1.13069.
USD/CHF is in a bear corrective cycle and has completed its wave B.
It has made bearish break out of the flag for the 'C' corrective wave.
Hence we expect the pair to revamp its bearish move to the support 0.97600.