By: Investija
EURUSD bulls are successfully climbing up, while new support level stays active, bulls have more possibilities at current situation. According to the previous bulls moves, this pair has a chance to reach resistance level once again. As noted before, this barrier is a significant level for bulls. For now, buying options are better to look for.
GBPUSD Bears and bulls are fighting against each other, further jumping up and down is expected while resistance and support levels are active. However, at current situation bulls have more chances, but its stronger movement is expected above resistance. Waiting is better option with buying opportunities.
USDCHF Flag formed above support level can suggest the likelihood of a bulls recovery back to resistance level. However, for now waiting is better action in order to confirm bulls and bears decisions.
USDJPY This pair is very erratic by the support level, it is better to wait now while we can confirm a breakout of bears side. Situation is not very clear, according to recent bulls and bears movements, support level is very strong barrier.