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CAD/CHF down reaching an important resistence area

Situation:
After the chf crash the price is in a range between two important support and resistence levels.
A resistence level has been hit, i'm expecting for the price to move lower, even if we had a retracement in the buyers direction.
Maybe another retest in the short term before a down move.
Expected rate: 0.7480
Weekly chart:
On the weekly chart i pointed out the main support and resistence levels
Daily chart:
On daily chart a possible scenario is described.
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Shuael 28 Dec.

I used a wrong timeline, setted on the 20 of feb.

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AUD/JPY strong up move to the upside

Situation:
The price continues to make new highs and lower lows on the long term prospective.
The the price was once rejected from a resistence level, but it didn't got lower a previous low.
For this reason i think that buyer pressure can surpass the resistence level above.

Expected rate : 91.100

Weekly chart:
I pointed out the lower lows and the resistence level
Daily chart:
A possible scenario is shown, I still expect some reaction to the downside from the resistence level
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Shuael 28 Dec.

I used a wrong timeline, setted on the 20 of feb.

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AUD/CHF cant' break the resistence level

Situation:
Under the long term prospective, aud/chf pair is moving slowly in a range.
In the past weeks the price moved up with power, i expect it to continue and reach the previous highs.
I doubt tho that the price will break the resistence level pointed out on weekly and daily chart.
I expect the price to bounce from the resistence level.
Expected rate: 0.7700
Weekly chart:
Major support and resistence levels are pointe out
Daily chart:
Possible scenario is described
Read full story
Translate to English Show original
Shuael avatar
Shuael 28 Dec.

I used a wrong timeline, setted on the 20 of feb.

orto leave comments