After the confirmation for the break of the support level (finally), look for a retest, and then short.
CHFJPY could not break back above the long running wedge, opening an opportunity for a short.
Heads down to the next support level.
If no retest of the resistance level, there is an opportunity here to go short.
We can wait a bit more, or just go short and see if this a real break (or a false one).
If it's not going to retest them all, there is long chance here.
I might be wrong, but the ratio is high enough to try it.
As GBPNZD failed to break above the resistance, there is chance to go for a retest of the support around 1.86500.
Here is a good chance to go short on USDCAD as the daily bar closed below the resistance, and 4H bar retested the ascending wedge.
Whether it's going to retest the new resistance or not, the final destination is the next support line at 1.28800.
As CHFJPY moving to test the long-term support, there is a chance to take profit on this road.
If EURAUD closes below the neckline, there is a short opportunity here.
Strong EUR can push EURNZD higher after testing the channel support (more than once).
Bulls are losing momentum on EURCAD, as the price retreats below the resistance line. We can wait for another day for more confirmations.
NZD showed weakness wrt to some major currencies last week, and if good news come out for USD this week, NZD can't break the long-term resistance, and a short position will be irresistible. Still need to wait for a signal.
There is good chance of going short here as the risk to reward ratio is very low (300/2000). I'll put the stop-loss just above the last day high.
NZD is showing quite a strength in various pairs, while CHF shows weakness. There is long opportunity here to the next level.
AUDCAD stayed out of the channel and this can be the start of an ascending channel.
