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GBP/AUD 4H Chart: Channel Down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 12, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    EUR/JPY 1H Chart: Triangle Comment: The currency pair’s prospects are currently unclear. On one hand, the price is forming a continuation pattern after experiencing a strong decline from 128 to 122.50 yen during the last five days, meaning the sell-off should soon resume. On the other hand, EUR/JPY has recently broken the falling resistance line, which in turn suggests a reversal. Accordingly, the key levels are 123.50 and 123.20. In case the former is violated, the first target will be the

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