USD/CHF has found support at the previous level of resistance after breaking through once a support level at the round level of 0.9040. The pullback from the previous rally has tested this area which is also very close to the 0.382 (38.2%) Fibonacci level. The close of today's bullish price bar is above this area and the 20 ema. Both RSI and Stochastic are in...
USD/CAD is an uptrend producing basic price action cyclicity and offering trend continuation entries at the end of consistent pullbacks. Today's bullish reversal bar, though appearing to be a high test close, suggests the resumption of bullish activity back in phase with the overall trend. I'm looking at the following to take a position north:
- low test close of...