The 21 Moving Average is acting as support, so the price is likely going to test the nearest resistance.
Daily Market Analysis
We've got a bullish "Three Methods" pattern, so the price is likely going to test the upper "Window".
The pair is moving up and down between resistance at 1.2945 and support at 1.2883.
The market is likely going to continue moving up towards the next resistance at 1.1025 - 1.1039 in the short term.
USD/CHF reached buy target 1…
EUR/USD reversed from support zone Next buy targets - 1…
6/8 MM Level is likely going to act as resistance once again. If we see another pullback from this line, wave (i) is going to be continued.
The market is consolidating along the "Window". Also, there's a "High Wave" pattern at the local high.
The 55 Moving Average and the lower "Window" have acted as support, so we've got a "Three Methods" pattern on this line.
The 55 Moving Average has acted as support, so we've got a "Double Bottom" on this line.
There's a "Triple Bottom", so the market is likely going to test resistance near the downtrend.
AUD/NZD reversed from powerful support zone Next buy target - 1…