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USD/CHF: confirmed 'V-Top' pattern

USD/CHF: confirmed 'V-Top' pattern

Information is not investment advice

All the Moving Averages have been broken, but there's a 'V-Top' pattern, which has been confirmed. Thus, it's likely that the market is going to test the nearest support at 1.0000 - 0.9989 and the Moving Averages soon. The subsequent pullback from these levels could be a starting point for another advance towards the next resistance at 1.0039 - 1.0051.

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AUD/JPY is in the downtrend since the start of the year. It was capped on the upside by all the three important moving averages on the D1.

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