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EURUSD Bullish Trend Channel
EURUSD
, 240
Long
EURUSD: EURUSD Bullish Trend Channel

EURUSD has been in a bullish trend recently, and contained within channel. Strong indecision formed on lower trend line, on daily chart, and indecision apparent on 4HR. Slightly weak US news may help price push up. TP1 set at strong resistance of 1.14525.

USDJPY Forming Triangle - Bearish Movement Expected
USDJPY
, 240
Short
USDJPY: USDJPY Forming Triangle - Bearish Movement Expected

Symmetrical triangle formation on USDJPY, with lower highs and higher lows being made since mid-February. Volatility is being squeezed as of late, with uncertainty developing in the market. A break of the lower trend line could signal a move to the downside, continuing the previous downtrend that started February 1.

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