Expect downward continuation prices looking to break below 1.55505 support level
Ascending Wedge completion expect to prices to test 135.264 that's where you take profits
See prices go down as they retraced to the 0.618 level
Expect prices to continue up completing an Ascending Wedge. Look to take profits around the 0.69798 as prices are going to test the resistance area
Expect prices to continue down to the 1,07193 support level for a second touch then reverse up to the 1.07536
Expect prices to breakthrough resistance level to complete an Ascending Wedge pattern
DOWNTREND Continues since price bounced off 104.853 resistance level and heads down to 104.027 level to correct prices
AUDCHF Trading in channel 4Hr 20 SMA (Simple Moving Average) 200 SMA (Simple Moving Average)
Trend has pullback to the 61.8% level and will continue the uptrend to the 0.61720 level that's where you look to take profit or might bounce off the 0.61445 level
Long Bias for the Intraday trader look to take profit at the 0.91944 area before retrest of resistance level. Trend currently doing a series of lower highs to get to the 0.91944 level 200SMA (Simple Moving Average) 20SMA (Simple Moving Average)
Short Bias for the Intraday trader 200 SMA (Simple Moving Average) 20 SMA (Simple Moving Average) Prices retraced just above 23.6 level and continues downwards for the short