One of the most favoured pair to be traded on the market here we have a potential inverse head and shoulders pattern, price is showing momentum to push higher yet with the ECB news later this week we will continue to see a pump in the pair and maybe some sort of reversal opportunity around the 1.3250 region.
With a heavy fall in EUR on Friday and US home sales rates higher than expect, due to low volatility on Friday not much movement yet. However next week we may see some recovery from the US and hence downfall for GOLD.
AUDUSD has momentum to climb higher and eliminate previous highs, price showing consolidation on lower timeframe may be invalidated if price goes below stop loss and creates a lower swing.
after the drop on gbpusd, buyers may be stepping in. Price has a chance to go higher theoretically creating higher highs a clean break of 1.3250 would reflect the hopes of an extended Brexit.
