Hello fellow risk-takers
As regards USDCHF:
1. The pair fell on Friday as a result of its absorbing seller's liquidity at the re-test of the previous high and NOT because of trend reversal (highly unlikely)
2. The pair is still very bullish. The question becomes at which price level to buy.
3. The marked resistance zone implies an area of interest for long...
Hello fellow risk-takers.
As respects AUDNZD:
1. The pair is overall bullish. Challenge is at which price to enter longs.
2. The marked support line seems a probable level to look for entry.
3. +200 pips are probable in the event the analysis unfold as expected.
Trade well and take care.
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*The above analysis is for entertainment...
Hello fellow risk takers.
GBPUSD is overall bearish but it looks to be currently undergoing a bullish retracement before its trend continuation.
A minimum of 90+ pips is possible from the current price level.
Trade well and take care.
