NZDJPY formed a huge bullish flag pattern on a 4H time frame.
Its resistance was successfully broken yesterday and we see
a positive, bullish reaction after a retest.
The market may keep growing.
Goals: 91.9 / 92.2
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NZDUSD broke and closed below a key daily horizontal structure support,
setting a new lower low lower close.
It is an important bearish signal that opens a potential for a further bearish continuation.
Next support - 0.588
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USDCHF broke and closed above a key daily structure resistance.
We see a positive bullish reaction after a retest of a broken structure.
Because the market is trading in a long-term bullish trend,
probabilities will be high that growth will continue.
Next resistance - 0.92
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GBPNZD broke and closed above a key horizontal daily resistance.
The broken structure turned into a key support.
The market will most likely keep rising next week.
Next resistance - 2.13
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AUDCHF broke and closed above a key daily horizontal resistance.
The broken structure turned into a strong support.
We can expect a bullish movement from that.
Next resistance - 0.577
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USDCHF violated a major falling trend line on a daily
and a key horizontal resistance then, setting a new higher high on a daily.
Bulls will most likely keep dominating on the market.
Next resistance - 0.8795
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GBPJPY violated a resistance line of a wide horizontal range on a daily yesterday.
The release of the CPI data increases a bullish pressure.
Chances are high that the growth will continue.
Next resistance - 188.28
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