TP: 1.335 SL: 1.390 At the top for too long, reached an old resistance level that is in my chart for a long time!
Sell Euro – Japanese Yen Big downtrend, hit downtrend trendline (purple) twice. Now we may retest the support and resistance zone around 119.0. TP: 119.0 SL: 121.225
Buy Wheat Since wheat broke out of the last downtrend line we saw a touch of the resistance zone which you can recognize by the blue area on the left side in the image. We touched that resistance zone. After that we had to make a retest of the downtrend we broke out. So now we have made the restest it is time to go up again. The first target is the resistance zone again, since the zone is a realy important one. If we continu and break the resistance a new high up to the green arrow is possible. Rememer: Support becomes resistance and resistance becomes support. 1st TP: 5.5 2nd TP: 6.05 SL: 4.3
Buy Great British pound – Swiss franc We are moving in a zone sideways. A bigger demand zone is now up ahead us. Target is the support we made before. TP: 1.29 SL: 1.20
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