Hello Traders,
It’s almost mid-week
Let’s see what the charts have for us:
1. GBP/CHF
GBP/CHF made a dramatic bullish move today to a key resistance level (1.21985)
If the daily candlestick fails in breaking the present resistance level, we may most likely see price stall between 1.21985 and 1.19875
If we do get a breakout through the resistance level 1.21985, our next possible resistance level would be 1.24559
2. NZD/JPY
NZD/JPY had a bullish run today and also hit a key resistance level (71.606)
I will be watching out for the daily candlestick close.
If I do not get a decent bullish breakout of resistance level 71.606, then I will have to wait for a possible price breakout through support level 71.092 before I join the Bears to the next possible support level (70.037)
What say you?
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