GU & USDCHF At Supply

With AN and EC on the list last week we saw movements on both. AN decided to reverse and head long whilst EC, had a large gap down before rallying much higher. GU rallied closer to supply and I'm going to look at that one a bit more closely.

GBPUSD

Price has been rallying for some time now and we're long in the member's area. As it gets closer to daily supply I'll be keeping an eye on it to see if it reverses. Last week price almost hit the level and dropped away so I'll be looking to see whether the fall will continue or if price continues its rally.

2016-11-13-gu-short-d1

USDCHF Short

USDCHF saw a sharp rally after it dropped into demand last and it's arrived back at supply. This pair has been range bound for some time. It's had trouble staying above the current zone and it hasn't been able to break the lows either. The past few times it been around this supply area, price has dropped. I'll be watching to see whether or not it does the same again.

2016-11-13-usdchf-short-d1

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