Hello everyone! Just in case you weren’t around in the Fleep chat, I posted some nice daily timeframe charts of possible long term forex setups. Here they are, enjoy!
EURCHF at a consolidation point … we see 2 possible options with the main focus of a possible reversal to the short side.
We are on the D1 chart with price reaching a heavy resistance line.
RSI has exited and reentered the 70 like.
If price does not break resistance and falls below previous support, then we can expect price to reach 1 to multiple support lines shown in purple.
A few more nice setups for market analysis D1 timeframe
AUDSGD, AUDUSD and NZDUSD