Howdy traders,
Another beautiful Wednesday presents us with MAJOR THROWBACK’s.
Shocked?.. Alright, lets hit the charts and see what’s happening.
1. AUD/JPY
Yes,
Remember, I have been expecting the third support to break since on Sunday
Finally, supportive level 80.581 has gone weak and given way. If this candlestick ends this way (bearish pin-bar), we may see this pair hit its first target profit at level 79.539 and if that support fails too, we may see level 78.666 before the close of the week.
2. EUR/CHF
Another MAJOR THROWBACK from Monday
The third support level 1.13084 has finally broken, this would most likely push the market down on another bearish run to level 1.10865 before Friday.
3. GBP/CHF
Ok,
I admit, this ain’t a throwback…
However, a support has been breached on the 4 hours of GBP/CHF, signifying the free fall of this pair from 1.26508. The bearish move may hit 1.24613 before the close of the week.
That said.
Do have an awesome Wednesday
