Weekly FX ranges
Weekly FX ranges:
• EURUSD: 1.1500-1.1755, triple bottom and spotted with a descending triangle
• GBPUSD: 1.3000-1.3385, driving by positive divergence and having a limited downside risk approach
• NZDUSD: 0.6660-0.6920, not out of the wound and trading at the cycle low
• AUDUSD: 0.7270-0.7500, focus on copper price
• USDJPY: 109.00-113.25, traced out a symmetrical triangle bullish break. Interestingly the oscillator has been shaping to an inverse H&S pattern. While holding 109.00 level we could expect a bullish print at 113.00.
• EURUSD: 1.1500-1.1755, triple bottom and spotted with a descending triangle
• GBPUSD: 1.3000-1.3385, driving by positive divergence and having a limited downside risk approach
• NZDUSD: 0.6660-0.6920, not out of the wound and trading at the cycle low
• AUDUSD: 0.7270-0.7500, focus on copper price
• USDJPY: 109.00-113.25, traced out a symmetrical triangle bullish break. Interestingly the oscillator has been shaping to an inverse H&S pattern. While holding 109.00 level we could expect a bullish print at 113.00.
Trade closed: target reached
we extend an upward trajectory back towards 114.50-114.70.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.