AUDUSD bearish breakout | 12th Jan 2022

On the H4, price broke out of the ascending trendline support, signifying a bearish momentum. We can expect the price to drop from pivot level in line with 61.8% Fibonacci retracement and 100% Fibonacci projection towards 1st Support in line with 61.8 % Fibonacci retracement and 76.8% Fibonacci projection ....

USDCHF bullish breakout | 12th Jan 2022

Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot level in line with 100% Fibonacci projection and 50% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection . Our bullish bias is further supported by...