GBPNZD broke below support as iit pulled lower. This break is expected to play out as a false break therefore, traders would be looking to fade the break. At the moment, the expected bullishness is supported by friday's candle close. The bullish trigger should be traded when it appears withing the week.
AUDCHF should remain bearish in the new week after we saw price rotate higher most of last week.
EURGBP has continued to pull higher after a bullish trigger was spotted within the previous week.As price now approaches the resistance zone, we would wait to see if the more dominant bearish trend would continue.
GBPAUD is within its support zone and the pair could pull higher within the week/month. We however, still will be on the look out for a valid trigger setup.
NZDCHF had been expected to be bearish in the previous week but price traded higher instead. However, the pair still carries a bearish bias and ma have resumed its selloff as a result of the Pin bar seen on t=Thursday 6th March.
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