EURUSD seems to hit and bounce from a major trendline which seems like its either a bullish case where the bearish movement is about to reverse but at the same time it might as well be a dead cat bounce. What do you all think?
NZDCAD has touched a strong bearish trendline that has been created since the start of the year, not only that but now it is about to create a double top at the higher timeframe which makes it a good play to short it for the forcible weeks.
As EURUSD is us creating a double top and also at the top of bearish channel this is a good set up to short it
GBPJPY has been selling since the start of the month after consolidating for few months prior to that but this looks like the start of bullish trend after the bearish trend line is broken(tho not convincingly)