Hello Traders,
It’s the last day of the trading week and even though most of the banks will be on holiday’s, we still got some few promising setups.
If they pan out, all well and good and if they don’t, remember…
It’s not just a tricky Friday, but Banks holiday Friday.
Let’s go…
1. GBP/JPY
A clean breakout on the 4 hours chart of the GBP/JPY.
In my opinion, there could be a slight pull-back before the Bears take price to the next possible support level (144.823).
2. AUD/USD
On the 4 hours chart of the AUD/USD, we can see another clean bearish breakout (0.71572) from an ascending channel.
A slight pull-back may happen before the bears take price further down to the next possible support level (0.71153)
Like I earlier said, if you taking these trades, in my opinion, it should be short term trades. I don’t see the market making much moves tomorrow due to the bank holidays…
But hey…
I may be wrong, there could be crazy moves, nothing is guaranteed.
Wishing you all a happy Easter celebration and do enjoy the holidays.
