USD pushes higher. EURAUD with a false bearish breakout and a buy signal!

Tomasz Wiśniewski
Us dollar

USDJPY, after breaking major resistances, is having a very technical upswing. The price created a pennant and a wedge, the strong buy signal is ON.

EURUSD is waiting for a breakout of the mid-term support, which can give us a 100 pips drop. Watch out for the long-term head and shoulders pattern, that can be huge!

EURAUD created a false breakout pattern. The price broke the 50% Fibo but came back above. That is a good buying opportunity.

This article is written by Tomasz Wisniewski, a senior analyst at Alpari Research & Analysis

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