CADCHF come back to test the neckline. CHF has been so strong for more than a year, it's a little hard to think things could turn over here. Let's see what would happen.
AUD/USD WEEKLY POSSIBLE MOVEMENT FORECAST. 1. FALSE BREAKING DOWN HAPPENED SEVERAL WEEKS BEFORE. 2. MIDDLE TERM TREND LINE HAS BROKEN. 3. LONG TERM TREND LINE GIVE A LOT OF SPACE TO RUN UNTIL NEXT TOUGH. 4. DOUBLE BOTTOM HAS ESTABLISHED. 5. RECENT MOVEMENT IS MOST LIKELY THE THE 1 WAVE. NOW WHAT TO DO IS WAITING A RETRACEMENT TO THE BOTTOM, WHERE IS A GOOD...
Long USD/CHF. Between 1.272 and 1.414 is the PRZ. When Price enter the area, looking for long setup opportunity, stoploss must under the X point.
NZD/USD have a big bounce from 0.6415, I think in the next few weeks NZD/USD may create a new high in the daily chart. Now it's a good time to setup a long entry. The first target is a short-term target. This entry could also be a long term entry.So the second target will be the top of the daily channel, also around 1.27 extension of the last move.