GBPUSD has been forming an ascending channel since 2016 and is ready to test the lower trendline. In the chart we visualize a pullback, that is confirmed by the declining volume. We are going to pay close attention to this pair when it arrives to rectangle zone.
After a bullish week, EURNZD shows some weakness with the appearance of a shooting star. This candlestick formation tells us their might be a pause/ small correction in the uptrend and this is confirmed by the below average volume. This warning could lead us to a retest of the broken 1D trendline, as their has not occured previously.
Good Analysis
S
After a consistent uptrend, last bullish leg started to have a lack of volume . This market's indecision may be caused by the price EURCHF 0.54% is heading to: the zone where it previously crashed against the Swiss Franc 0.24% back in 2015.
I am considering to enter a sell position around the area of discusion .I will be waiting further candlestick confirmation...
