EUR/USD – on the H1 chart, a clear layout of lower and lower highs and lows is visible. Monday begins with weak increases, which can only be a correction. Currently, the price is already testing levels of previous lows. If the declining pattern should be supported, more or less in this region, we should expect a supply reaction. In this context, the PUT option should be considered.
GBP/CHF – the chart H4 shows that the pair has for some time respected edges of the growth channel. After a strong correction, price is currently testing the level of local support and the bottom edge of the channel. It seems that this is a good place to complete the correction. A clear reflection can therefore mean beginning of a new growth wave.
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