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AUD/CAD could resume its swing higher after ending its temporary decline.
NZD/USD could continue higher if it registers a valid breakout above the downtrend line.
EUR/AUD may continue to increase if it closes and stabilizes above the median line (ML)!
GBP/NZD may resume its drop after registering a new lower low!
GBP/CAD could resume the short-term rebound if it makes a new higher high.
GBP/JPY may decline further if it closes below today's low!
NZD/USD may continue to increase if it closes above the former high!
XAG/USD may resume its rebound after retesting the immediate support levels!
EUR/AUD could develop a new leg higher if it escapes from the symmetrical triangle!
The pair could resume its growth if it jumps and stabilizes above the 23.6% retracement level!
EUR/CHF escaped from a triangle pattern and now is looking to trade higher. A valid breakout through the immediate resistance levels could bring a long opportunity!
The pair may drop deeper after retesting the pivot point. The outlook will be bearish as long as the pair stands within the down channel!
GBP/CAD escaped from a down channel and not it seems determined to approach 1.76 psychological level!
AUD/NZD escaped from a minor continuation pattern signaling more gains ahead. A new higher high confirms a bullish momentum!
After an injection of Tether back into BTC we are now looking to target our monthly resistance of $11,000, we also believe a breakthrough the 200 Day MA will act as new support until we continue up. Guys, get more real-time updates on our trading ideas here: learn2.trade This analysis is provided as general market commentary and does not constitute investment advice.
Cypher pattern formation formed on Bitcoin, current uptrend does not warrant a bull market, currently all alt coins are stagnant as they normally rise with Bitcoin. Target is reflected to fall back to new support previous resistance.
Strong support showing on the 61.8% retracement fib, two rejections on support area, Long term buy.