ASX 225 was identified at around 7601.2 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 7640.3304 level.
Target: 7640.3304 Entry: 7601.2 Stop: 7527
AUDUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a
USDJPY is heading towards the support line of a Channel Down. If this movement continues, the price of USDJPY could test 153.5149 within the next 3 days. It has tested
USDCHF has broken through 0.8639 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists,