Bulls keep defending the 1.71800 zone. We could see a possible reversal at this area to 1.73500
We finished last week hith a positive candle and a possible reverse on EURCHF. We have a support on the 1.06160. If it holds we could see a trend reversal. If not it could go back to 1.05800.
We have here a nice possible enter at the support 1.53500. Possible first target 1.54200
With the break of the bulish 4H trend. we expect the retracement to the 0.90000 area to continues the downtrend to 0.88500 area.
We are seing price making HH and a nice double botton, so the predictable move is the continuation of the HH to the 1.14000
If we see a continuation of the bulish trend we can see a 115.000 resistance. If it fails we can go to the 112.000 support.
With some resistance at 74.000 and with the bulish trendline, we expect a bulish movement to the 76.000 zone. If it breaks it could test support on 72.500.
We are still in a downtrend. So expecting a little pullback to 1.06300 to go down to 1.05000
For the EURAUD, i guess it will keep the downtrend to 1.60500. Wait for a 4H bearish candle at 1.62500
Still in a bearish momentum but we can see a resistance in the 1.12000 area. If it breaks we have another support at 1.10000. If it breaks the trendline maybe goes to the resistance 1.15000
We can see a consolidation in the 0.94000 area. If it breaks down the daily trendline we can see a support at 0.92000. If it keeps up it will probably goes to resistence 0.96000
2 possible scenarios for AUDNZD. 1º Go to resistence 1.06740 and maintaind the 4H downtrend to 1.05200 2º Break the 1.067400 resistence, and next target 1.08200. I guess it will go down to 1.05200
With this pair we have a nice resistance at 1.37200 area where we can expect a bounce back to 1.36000 area. At this point we will see if it respects the 4H trend and continues to the 1.38500 área.
At this pair we have a nice opportunity to short it in asia session. Hope to catch it at 0.94900 and dowwn to 0.93800.
With a resistence in the 1.91500 area i expect at that point it bounce back to the 1.93300 and we have a nice position to short to the 1.90000 area.
With the break of the 0.90600 resistance, price have margin to continue long to 0.91500 for the week. Waiting for a pull back to go long.