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The situation on the Forex market on 3.06.2020

Hello. Below are a few recommendations for trading in the Forex market on 3.06.2020

USDCHF

On USDCHF pair price formed a pattern Pin-bar-level 0,9600. It seems that you should wait for the resumption of growth. But it is not clear how far, continue sideways to 0,97500. Or focus on earlier, punched the border of the triangle and will try to continue to fall. I’m more inclined to the second scenario and look for signals in the border area of the triangle. A small margin of buyers in the statistics of transactions can contribute to a further decline.

XAUUSD

The Gold price again began in the district 1732,00 and formed a little incorrect Absorption. It seems that boundaries range far failed, and expect the fall back to 1688,85. Look here to sales.

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