3 Continuation Setups, 5 Potential Reversals + GBPCHF Trade (Forex Analysis 2020-12-02)

Posted on

Pretty busy day, kicking off with an active trade on GBPCHF that you should continue to hold as price moves toward our target. We then have 5 reversal setups, with GBPUSD AUDUSD EURUSD stalling on resistance for potential shorts, and CHFJPY EURJPY a step behind as price is just reaching resistance. NZDUSD NZDJPY are showing long continuation potentials so look for price to retrace to support. Finally, EURNZD is looking like a potential short continuation could trigger over the coming days so keep an eye on that!