The USDCHF has recently broken through support and moved lower. The trend on this pair is lower and looking to take short trades would be inline with this recent trend. On the chart below we can see that there is a very clear old support level that may act as new resistance. Should price rotate …
USDJPY Wind Up Recap
Earlier this week we posted about the USDJPY being in a range. In that post we discussed the likelihood that price would make a break higher and move aggressively to the next resistance. To read that post see here: USDJPY Winding Up On the daily chart of this pair we can see that price has now …
NZD Breaking Multi Year Highs
NZD pairs across the board have moved higher and in many cases broken their respective resistance levels. The NZDJPY in particular has now broken higher into fresh multi year highs. The last time the NZDJPY was this high was back in May of 2010, which goes to show just how much control the bulls …
