CHFJPY EURNZD USDJPY USDCHF Ranging + 3 More Setups (Analysis 2021-01-28)

We have three pairs that are showing signs of ranging, though we need to wait for confirmation (2 bounces from the top and 2 from the bottom): CHFJPY EURNZD USDJPY USDCHF. A short continuation could form on EURAUD but we need to see how price reacts to resistance once it reaches the area. Finally, we are still keeping an eye on GBPUSD GBPJPY for breakouts to trigger.

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