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CURRENCY ANALYSIS

POSSIBLE TRADES_________________________________________

MAIN HIGHLIGHTS & TODAY’S PAIRS

EURO USD - PENNANT TAKING SHAPE FOR NEXT SHORT TRADE

EURO JPY - PENNANT BEING FORMED, BEARISH BREAKOUT?

EURO CAD - 1ST WEEKLY RANGE HIT OF PENNANT BREAKOUT

NZD JPY - PENNANT BREAKOUT CAN RESUME MAIN UPTREND

CURRENCY ANALYSIS

Major Pennant & Outer Uptrend Line broken - Major Support in sight as next target;

Slow, small candles forming Pennant;

New Downtrend started - major gains ahead for JPY;

Pennant Setup taking shape-may lead to next bearish Breakout;

Uptrend Line, Pennant broken, new Downtrend & Breakout;

Weekly Range hit despite setup starting with Weak Candles;

Hovering indecisively at Inner Uptrend Line;

Pennant Setup breakout could lead to resumption of Uptrend;

PAIR SETUPS & SIGNALS NEEDEDNZD JPY Bullish Pennant Breakout

DAILY CHART

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