USD/TRY has moved sharply down this week falling to the support line since the end of November.
EUR/USD: bulls want to attack
BUY 1.1825 SL 1.177 TP1 1.1925 TP2 1.206
BUY 1.1925 SL 1.187 TP1 1.206 TP2 1.2155
On the daily chart, EUR/USD reached targets of “Three Indians”. If bulls fail to keep the pair above 1.1910, the odds of decline towards the lower border of the long-term uptrend channel and 88.6% target of the “Shark” pattern will increase.
On H1, a break below support at 1.1825 will create a ground for reaching 88.6% target of the “Shark” pattern. On the other hand, successful test of resistance at 1.1925 and the quote’s leaving the uptrend channel will be a signal of the new bullish attack.
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...