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Day: July 24, 2019

23 posts
Trade of the Day: AUD/JPY

Trade of the Day: AUD/JPY

By: Dima Chernovolov AUD/JPY continues to fall inside the daily Down Channel chart pattern which was identified earlier by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the slow Initial Trend (1 bar), medium Uniformity (5 bars) and significant Clarity (7 bars). AUD/JPY is…
EUR/CHF Target Level: 1.0969

EUR/CHF Target Level: 1.0969

Falling Wedge identified at 24-Jul-2019 10:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0969 within the next 3 days. Supported by Downward sloping Moving Average Chart 1 hourPattern Falling WedgeLength 187 CandlesIdentified 24-Jul-2019 10:00 UTC
EUR/USD Target Level: 1.1224

EUR/USD Target Level: 1.1224

Channel Down identified at 24-Jul-2019 06:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1224 within the next 22 hours. Supported by RSI below 40 Chart 1 hourPattern Channel DownLength 69 CandlesIdentified 24-Jul-2019 06:00 UTC