Hello traders,
There seem to be some great setups lined up for us. Let’s check them out.
1. EUR/JPY
EUR/JPY just crossed a critical resistance level (125.934).
There is a high probability that this breakout may further encourage the bulls to take price to the next resistance level (127.080).
Conservative traders could wait for a pull back before placing a buy.
2. NZD/USD
The NZD/USD setup on the 4 hours chart was analysed on our Sunday analysis.
There was finally a breakout on resistance level 0.68745. There was also a pullback towards the tail end of Monday.
Presently we are seeing the bulls getting ready to take price to the next possible resistance level (0.69411)
And… That’s all we have for today… Wishing you a great week ahead guys
NzdUsd the downtrend just begun bro
It was a fakey..
End of month syndromme