Hello traders,
let’s hit the charts:
1. EUR/AUD
EUR/AUD has been forming higher lows, but no corresponding higher highs.
Wednesday may give us a bullish or bearish breakout. This means 1.48962 or 1.44969 will most likely be our next possible resistance or support level.
2. EUR/NZD
EUR/AUD and EUR/NZD have similar setups.
The only difference is that the EUR/NZD has corresponding higher highs, which makes it a better candidate for a bullish breakout.
If the bullish breakout happens, then price next bus stop will most likely be 1.61514.
3. USD/CHF
The key resistance zone on the USD/CHF is broken.
If the daily candlestick closes with such a strong breakout, we may see price continue its bullish run to the next possible resistance level (0.96904)
What say you?
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