EURUSD strong resistance area 1.0490 to 1.0540, below 1.0490 could lead to parity & the break above lead towads 1.0880.
Very nice area to took a short with EURAUD range trading.
Shorted at 1.0400, NZD keeping its strong momentum against dollar and AUD loosing stream still active against dollar, resultantly AUDNZD shorted.
I shall try to wait for the area 116.00 to 116.30 for long entry.
Looking for a long AUDJPY, the breakout may lead to another higher high after holidays.
It looks good for a long trade.
The breakout of EURGBP 0.8550 fails , what to expect next?
Very nice pattern for a short trade in CADJPY, primary trend break, secondary trend break, pull back of promary tren line, and H & S also.
Very interesting pattern this may lead for selling trend for range trading.
Liquidity is very low, the breakout could lead to next 100 pips selling. In long term our opinion is still buy for 122.00 from 116.00.
EURO may extend its gains as dollar looking in corrective structure.
SHORT TERM CORRECTION SETUPS ARE GOOD IN AUDUSD, NZDUSD, USDCAD, EURUSD ON THE BASE OF THIS DOLLAR CHART.