Hello Traders, what’s going on market after US closing? 😉

AUD/JPY

It seems that pinbar is going to show up on a daily chart of AUD/JPY. Placement of such candle will probably end this correction, because everything is happening right below local resistance zone. Wider trend is bullish though, so this situation isn’t clear enough. 129

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NZD/USD

Similar situation like on AUD/JPY chart. We’re probably going to see a pinbar on daily chart, right below local resistnce zone. Like on AUD/JPY, trend is still bullish so this might be a risky short sell. 226

USD/CHF

Last but not least, USD/CHF brings us probably the clearest view on technicals. We’ve seen a pinbar yesterday, right above support zone and todays gains only reaffirm us that it was good signal. Tomorrow, FOMC is going to make a decision about US rates, which probably will be raised up. Anyway, volatility will be definitely high so it isn’t a good idea to have any longer term position opened tomorrows evening. 321

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