
The price faced resistance at 1.2913, so we've got a "V-Top" pattern, which pushed the price lower.
In-depth technical & fundamental analysis for currencies & commodities
The price faced resistance at 1.2913, so we've got a "V-Top" pattern, which pushed the price lower.
The price is still rising, so bulls faced resistance at 1.1249, which led to the current consolidation.
AUD/CHF reversed from powerful resistance level 0…
EUR/USD reversed from support zone Next buy target - 1…
The upper "Window" has acted as resistance, so we've got bearish patterns such a "Harami" and a "High Wave".
The last "Three Methods" pattern pushed the price higher, so we've got a new local high.
There's a consolidation, which is taking place on the four-hours chart. Moreover, we've got a "Flag".
The price faced support at 1.1103, so we've got a "V-Bottom" pattern, which pushed the pair towards resistance at 1.1204.
The price is likely going to test 8/8 MM Level once again. If we see another pullback from this Level, wave (i) is going to be continued.
AUD/CAD reversed from support zone Next buy target - 1…
AUD/NZD broke support level 1…
The pair faced support at 1.2755, so there's a "Double Bottom", which has been confirmed.
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