EURGBPIf we get a solid break lower out of the consolidation we should see lower prices, given we have what looks like a fake break to the upside, looking for buyers around the 0.882 level
Trendlinebounce
USDJPY 4h Long- Trendline Bounce + Pivot Point Support + Low RSILooking at USDJPY on the 4h timeframe we can see a clear trendline bounce with 2 confirmation candles. Low RSI shows a clear oversold making the trendline hard to break. Adding to the support there is the pivot point just on the trendline. Targets towards the top trendline but being cautious of the MA zone that is on the P pivot point acting as resistance.
NZDCAD Buy IdeaH4 - Price respecting uptrend line, we may expect it to hold.
M15 - We may now expect the price to move lower and reach the H4 uptrend line also creating bullish divergence.
Then we can go long with the breakout of the downtrend line.
NZDJPY LONGNZDJPY forming a nice wedge on the D1 chart. Multiple touch points on both upper resistance and lower supporting trend line.
