Analysis Forex market on 6.01.2020

Hello. Back to trade below and look at a few recommendations for trading in the Forex market, tomorrow 6.01.2020

GBPUSD

On GBPUSD went back to the previously broken trendline and bounced formed a pattern of Internal bar. The transaction breakdown of the pattern I have already opened, but it’s not too late to go into sales. Counting on a good fall and the development of the down trend.

EURCHF

On the pair EURCHF price left the triangle, but to complete the level 1,0828 failed. Stayed on the level and formed a pattern Doji. It seems that here is worth to wait for a correction upwards. Buy here do not consider, as after the breakout of the triangle and roll back to it, remains a priority in the sale. Looking forward to the development of the situation.

EURAUD

On a pair EURUAD few days, moving near the strong support level 1,6000 and a good upside momentum has formed the pattern of Absorption. It seems that remain to move sideways and expect growth. I will buy on the breakout of the pattern.

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