Price rejected from a strong support zone. Price retested with fakeouts. Expecting the pair to rally
Break of structure, consolidation, breakout and then strong rejection downside.
Rejection from a Strong Resistance/Supply Zone. Little consolidation between the price range 95.2 and 95.4, even retest to Resistance zone at 95.7, price eventually being rejected.
Short Term Downtrend. Double top in Supply Area with Retest. If the current 4H Candle closes bearish, we can expect the pair to reach to the nearest support.
Triangle Breakout of support should confirm AUDCAD falling until the next Support
Possible Trend change from a major Resistance level. Divergence observed in 1 hour TF
Overall Downtrend. Looking for Sell confirmation between Strong Support turned Resistance and 38.2% Fibonacci. Once we get the Sell confirmation, 1st TP can be 127.2% Fibonacci
Expecting bounce back after Retest of a very Strong Resistance Zone. Divergence observed on 4H chart.
Price is about to test a key level. Break and Retest of the Key Level shall ensure that the pair Rally
Break and Retest of Strong Resistance line, shall drive the pair to rally.
A Basic First Time Analysis of USDCHF. All suggestions are welcome.