My Current Active Open Trades: AUDUSD, AUDCHF, CHFJPY, EURGBP, USDJPY, CADJPY, AX_UN, CUF_UN, CSE, FTS, SBER, TRP, XIV, FXo EURJPY, FXo EURPLN
NZD/CHF – Closing In On Major Resistance + Possible Exhaustion (Weekly chart)
Gaining more than 250 pips in only 4 days, the NZD/CHF is now closing in on a major resistance zone between 0.7285 and 0.7320.
This fact + a possible ST exhaustion move gives an attractive play for bears.
If the resistance holds, likely bearish targets are located @ 0.7060 and 0.6960
Meanwhile the zone folding would put 0.7450 back on the radar for the bulls and could create a BOPB setup.
EUR/CAD – CT Corrective Move Within Unclean Volatile Trend (4h chart)
MT this pair …