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CANAL ASCENDENTE
NZD/USD 1H
It looks like an ascending channel arises, the price is going to break out soon.
An ascending channel can be thought of as a technical price action signal that typically predicts a change in price direction when price collapses through the support line.
Nzdusd does not rule out a move towards 0.5775 on a breach of 0.578 as the currency pair probes 0.578 hurdle.
CUÑA ASCENDENTE
NZD/USD 4H
We can see that a rising wedge is nearing completion, the price is ready to break out now.
A rising wedge represents a price formation with an upward bias that is used to predict a bearish price action once price breaks down.
Nzdusd embarks on a bearish correction towards 0.576 as nzdusd becomes weaker.
CUÑA ASCENDENTE
AUD/USD
1H
We can see that the price develops a rising wedge, audusd asks for a more steady correction for the certainty of breakdown.
A rising wedge tends to be a technical price action formation that is used to indicate a bearish move in case if price breaks out.
A bearish move towards 0.663 looks likely as audusd nears 0.664 hurdle.
CANAL ASCENDENTE
GBP/JPY 1H
There is an ascending channel observed, the price needs a bigger correction as a signal of a breakout.
An ascending channel is a specific price indicator that often indicates an extension in the downward direction once price breaks below support.
It is possible that a move towards the 208 zone will take place as risk reversal sheds bullish bias.
BANDERÍN
USD/CHF
1H
There is a pennant distinguished, the price is about to break out.
When price breaks below support, the resulting move could identify a bearish price action.
It is likely that decline to 0.805 will occur.
CANAL ASCENDENTE
EUR/USD
4H
It seems like an ascending channel is very close to being finished and eurusd calls for a strong bearish continuation for the certainty of breakout.
An ascending channel provides a specific indicator that can be used to predict a breakdown is likely to occur when price breaks through the support.
Eurusd risks a move to the 1.162 zone on a breach of 1.163.
TRIÁNGULO ASCENDENTE
EUR/USD
1H
Eurusd establishes an ascending triangle and eurusd asks for a bigger correction as a clue of a breakout.
An ascending triangle is a compelling signal that often predicts a sharp decline in case if price breaks down.
Eurusd set to extend its decline towards the 1.162 zone as eurusd keeps the bid tone.
CUÑA ASCENDENTE
USD/CHF
4H
A rising wedge develops, the price breaks out.
A rising wedge typically identifies a sharp decline when price breaks down.
Usdchf risks suffer setback to the 0.804 mark.
TRIÁNGULO ASCENDENTE
USD/CAD 1H
An ascending triangle comes out and the price is close to breaking out soon.
If price breaks through the resistance, the move could predict a next move up.
There is a chance of a bullish move towards 1.386 as the currency pair looks bid.
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