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Forex: USD/CHF, short term analysis

Even it's movements seemed to be chaotic, this currency pair is keen to go as much as 0.9955 (127.2 of the Fibonacci extension measured on the upside move 0.96875 - 0.87011) for two reasons, as follows:
1. It's situated in the upside bias, because the price remained over the 0.9395 pivot level.
2. Broke the superior side of the confirmation range of 0.9395 - 0.9599
Money management:
S/L will be placed on the nearest pivot level - on the 0.9395 level.
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Forex: EUR/AUD, short term analysis

EUR/AUD has risen significantly, not even on this week by the presence of the chart gap but we have seen closing higher, on past friday, near the past temporary high of 1.47024 level. I have the conviction that this pair will go higher, to 1.49508 (which is the 127.2 Fibonacci extension measured on the 1.3789 -1.47024 move) because this currency pair met two important condition, as follows:
1. Rose and close over the 1.4464 pivot level, which means the price has established itself in the upside …
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VictoriaVika avatar

Well done, very good!

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