Analytical review of the trending tools to 20.04.2020

Hello, below you will see what an interesting to trade in the beginning of the trading week 20.04.2020


On the USDCHF the price continues to move in the triangle and bounced off the upper boundary of the formed pattern Inner bar. It seems that going above strength is not enough and expect the fall to the bottom of the triangle. Transactions do not see here, wait out beyond the boundaries of the triangle.


On GBPUSD price rebounded from the level 1,2400. Pattern Rails then failed. But I think a correction to a previously punched level is over and you can expect to continue growth to the level of 1.2800 barriers. Consider purchase here.


On EURJPY stopped again at the level 116,88 and formed a pattern Doji. Obviously, the level of hold, and down to let the price do not want. Waiting for the resumption of growth, and attempts to update the previous highs. Consider purchase here.

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