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We saw the pair test the resistance trendline of the channel and push down into a support level 0.6065- 0.6090. Its also testing the support trendline of the hr ascending channel . We now wait to see if the support levels and the support trendline will hold and give a long position or break them to aim for the support trendline of the rising wedge .

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The NZDUSD is still moving upwards within the limits of a channel seen on 4hr time frame , Its also respecting the ascending triangle within the channel on 1hr time frame , we therefore stay long

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audusd working out the channel, 1hr entry to continue riding the wave upwards

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divergence and bounce of a support zone suggests we long

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long on rebound of the breakout

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going long on a retrace to test that support level , we should see the pair stay withing the daily channel so we are targeting the top of the channel

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break down will result on an impulsive short side

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break out of the triangle hence we looking for an inpulse on the short side

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selling the weakness

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LOOKING FOR A NEW LOW

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BOUGHT THE RETRACE LOOKING FOR THE CHANNEL RESISTANCE

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LOOKING FOR AN IMPULSIVE SHORT

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waiting to sell towards the support trendline of the daily channel , confirmed sell will be break of the trendline

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we could make a new high

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downtrend continuation to look for lows

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looking to test the resistance trend line of the channel

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STILL IN THE CHANNEL

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LOOKING FOR PREVIOUS LOW