Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month.
USD/CHF: bulls don't give up
BUY 0.9965 SL 0.991 TP1 1.0065 TP2 1.018 TP3 1.04
On the daily chart of USD/CHF, the transformation of the "Shark" pattern into the 5-0 one continues. The reversals to 23.6%, 38.2% and 50% from the CD wave are usually used to open long positions towards the targets of the "Wolfe Waves" and AB=CD patterns.
On H1, if the pair manages to move back to the resistance at 0.9965 (the upper border of the downward channel) and test it, the "Wolfe Waves" and "Broadening Wedge" patterns may be implemented.
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum.
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