What Charts Are Hot Today
Here's the charts we're watching today.
AUD/USD
1H Chart
Price has broken up of the bearish structure and looks set to make a deeper pullback. We could see a pull back into the resistance around 0.7470 area.
EUR/USD
1D Chart
Price is ranging between support around 1.15100 and resistance around 1.16200. We are looking for a clear break of this trading range now.
1H Chart
Price has pulled back deeper than anticipated, and we're watching to see if price reaches the previous resistance before dropping again.
GBP/USD
1D Chart
GBPUSD is pulling back into the candlestick imbalance zone, and we are looking for the previous structure to be retested as resistance.
1H Chart
Price has broken upside of the bearish structure short term, and we are looking for a move back into the previous low, now acting as resistance.
EUR/JPY
1D Chart
Price has pulled back into a key structure zone, which correlates with the fibonacci golden pocket. We're looking for price to pull slightly lower into the pocket, and then looking for upside.
2H Chart
Price is in a bullish flag pattern, taking a deep correction. We have a key structure level at the price 130.474. Technically there are numerous confluences for upside from this zone.
