EUR/USD: consolidation under Moving Averages
The price is going to achieve the nearest resistance at 1.1413 soon. A pullback from this level could turn out...
AUD/USD: Aussie is restoring the trend
On the AUD/USD daily chart, an upward trading channel has been formed. The "bulls" control the market. A breakout of resistance at 0.7725 can lead to the realization of the junior and senior Shark patterns. The target 113% of the junior pattern is located near 0.777, target 113% of the senior pattern is located near 0.7845.
On the AUD/USD hourly chart, the inverted "Head and shoulders" pattern has been realized. The update of the March high was a signal for the activation of the AB = CD pattern. Its 224% target is located near 0.7785.
Anastasia Mileshkina
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