
For 3 weeks in a row, EUR/CHF tried to close above the resistance line connecting October and February highs and failed.
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For 3 weeks in a row, EUR/CHF tried to close above the resistance line connecting October and February highs and failed.
It's likely that the market is going to test the 34 Moving Average in the short term...
There's a bearish 'Thorn', so the price is likely going to reach the nearest support at 0.6947 in the near future...
So we're likely going to have a local upward correction towards the upper 'Window' (111.09)...
The 89 Moving Average has acted as support. Even so, the market is likely going to reach the next support...
There are many ways to bet on the decline in the British pound.
The last 'Tweezers' and 'Shooting Star' hasn't been confirmed yet, so it's still possible to have a test of the local upper 'Window'...
We've got a bearish 'Thorn', so the market is likely going to test the nearest support 0.8543 - 0.8556 in the short term...
The day promises to be quite interesting for USD/CAD. The market awaits the news about the trade talks between the United States and China.
AUD/NZD spiked to 1.0720 this week after the Reserve Bank of New Zealand cut interest rate but then quickly retreated back to 1.06.
Recent European economic data seemed to bring optimism to the euro area.
The last bearish 'Shooting Star' and 'Harami' haven't been confirmed and there's no any reversal pattern so far...
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