In this weekly forex forecast, i’am going to show you exactly how am trading AUDNZD, USDJPY and USDCHF.
AUDNZD: We have price action know as head and shoulder pattern in h1 time frame . The formation of this pattern signify sell opportunity .
I will be looting for sell signal if price close below the neck line of the head and shoulder pattern.
USDCHF: am watching price to retest 0.96592 support and i will loot for bullish price action to go long.
But if price break the support and channel line wait for retest and go short
USDJPY: major support level at 107.027, i will be looting for buying opportunity if the support hold.
If seller break 107.027 support , wait for retest and loot out for bearish price conformation and go short.