A wedge pattern appeared at the EUR\USD and is expected to bring to a reversal downwards. The 1.4800 level serves as a strong support level and will push prices higher if price reaches it.


USD\CHF is in a bearish formation - the USD\CHF. However, there is a possibility of a breakout upwards - possibility that is confirmed by the downward movement in the EUR\USD. If price breaks the 1.000 support, wait for pullback to enter short.

Full Analysis (USD\CAD and AUD\USD):
October 24th: Weekly Forex Analysis | Forex Analysis