Price broke out of consolidation under previous resistance. Resistance broke & became support, & I see a retest to zone as well, also spotted a inverse head on shoulders pattern, look for bullish candlestick patterns for conformation. AUD looking very bullish! Good Luck!
CAD Interest rate increase created another wave to the downside. Congrats to those who caught this move! 200+ pip news trade :) Cad was strengthened and USD had weak news, this was a nice double news trade...
Weekly trend line break/retest, price consolidating after strong bearish move, Looking to make another wave down??
Price consolidating after break of 4 hour uptrend line, currently sitting under resistance look for a strong break of channel...
HL = Higher Low HH = Higher High; Price consolidating after last bullish move, 20 & 50 MA Cross as well, looking to see how price will react, time for another higher high? : )
I think price has some room to still go up once reaching 148 area I think price will break the counter trend line, retest, and the head to the bottom of daily uptrend line..
Price now at resistance, looking for a retracement then another move upwards... Bulls seem exhausted after CAD taking control last week. Careful for the news on Wednesday for cad keeping my eye on this pair. GOOD LUCK!
Price approaching strong resistance zone that could not break in the past, my bias is a short outlook I will wait & see how price will react when reaching this zone.. : )
Price failed to break to the lower side last week, Price back at resistance if we can see a close above next area to look for is around 90... Trade with care!
Price failed to break resistance but managed to stay underneath it. Price also failed to make a new higher high.. I see a possible pullback to the 139 area.... Good Luck!
I see a pull back bounce off strong resistance, either price could reverse and go down or be getting ready for a higher high..
Break of 4 hour trend line/retest.. sell strong breakout! : )
Enter after breakout of consolidation, price could not break the 0.88500 zone and pushed away.. Look for strong move to enter GOOD LUCK!
Price bounce off top of Daily Trend line; also ascending triangle indicating (Bearish). 20 & 50 SMA cross; also a gap that will eventually need to be filled as well. Good luck!