Dominant bias: Bullish
EURUSD went upwards 200 pips last week, testing the resistance line at 1.1350 before the current shallow retracement. Price may be able to target the resistance lines at 1.1400 and 1.1450 this week, but bulls might encounter some challenges doing this. There is a possibility of a pullback, which might bring another opportunity to go long at a lower price or bring an end to the current bullish outlook on the market.
Dominant bias: Bearish
USDCHF went in the opposite direction to EURUSD, moving briefly below the support level at 0.9550, and then closing at 0.9600 on Friday. There is a Bearish Confirmation Pattern in the market, which means it may continue trending downwards, on the condition that EURUSD would continue trending upwards; otherwise a rally would ensue.