Check Out Our Best Setups For Today
The USD has continued appreciating as we expected, and we are looking for this move to continue.
AUD/USD
1D Chart
Price is continuing downside towards the 61.8% fibonacci extension level at 0.73430. We anticipate price to continue through to the extension levels.
1H Chart
Price has broken the most recent low, confirming that the bearish structure is still in play. We are looking for that downside to continue into the 61.8% extension.
EUR/USD
1D Chart
Price rejected the range resistance that we outlined yesterday. Price tapped the 2021 low, however did not break through. Today we are watching for a move below this level.
1H Chart
Price has formed an intraday resistance around the 1.1560 level, and we are looking for this to hold.
GBP/USD
1H Chart
Price has broken previous structure to the downside, and we now anticipate a retest of that structure. We are looking for upside into the 1.3575 level.
NZD/JPY
1D Chart
Price is now holding at the 23.6% fibonacci retracement as support. We are watching to see if this holds, and continue to look for NZDJPY upside.
1H Chart
Price has formed a bullish flag pattern and is now bouncing from the support trendline / 23.6% fibo level. We anticipate a move into the flag resistance and potentially above.
