EUR/NZD is testing former congestion zone in the 1.59-1.5950 region. This level is also reinforced by the 38.2% retracement and the trend line that has guided the pair higher from the recent lows. I am long this pair from 1.5950 with...
I just went long AUD/CHF at 0.9672 with stops below 0.9650. Targets for the trade are 0.9750. The pair seems to be finding support at the current range low and the RSI is posting a divergence on the shorter term time frame. Good Luck...
I am taking a long position in AUD/NZD at current levels with stops below 1.2770. If I get stopped out then I will take another shot on the long side around 1.27 with stops below 1.2650. Targets for the current position are 1.290. If we...
USD/CAD is testing strong support in the 0.9880 -0.9940 region. This region is former congestion zone and is also supported by the 61.8% retracement of the recent rise. As long as price remains above 0.99 on a closing basis we will...