Technical analysis of NZD/CHF
EUR/USD: two 'Three Methods' patterns
There's a bearish correction, which is taking place on the Daily chart. We've got two 'Three Methods' patterns in a row, so it's likely that the pair is going to reach the previously tested resistance at 1.1405. The subsequent pullback from this level could lead to a decline towards the closest support at 1.1292 by the last 'Three Methods' pattern.
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...
Bearish Ichimoku Cloud with falling Senkou Span A and rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.