NZDCHF is in a bearish channel, however A bullish shark pattern was formed on the 4HR suggesting that price will go up to the resistance of the channel before possible sell. Buy opportunity still exist. Bias is to wait till price touches trend line below current price before buying to TP1 at MRA below the 88.6% on the FIB retracement and TP2 at 88.6% level on the...
NZDJPY is currently in a descending triangle consolidation at 74.992 on the 4H time frame. Expected to continue in the bullish trend to 76.297. On the D1 chart, one can see the bearish channel its currently respecting. Which is a possible confirmation that price wants to reach at the resistance at 76.297 before selling. Possible bearish harmonic pattern forming as well.
