Hello Traders,
Let’s see what the charts have for us this Friday.
1. EUR/JPY
The strong bullish trend on the EUR/JPY continued today, but my worries are:
Will the bulls be strong enough to break the 130.460 resistance level this Friday or are we going to see price return to 129.330?
My bias is: Price may not have the steam it needs to break the 130.460, at least not this week.
2. CAD/JPY
With CAD/JPY breaking resistance level 87.729 after the close of yesterday’s daily candlestick, many traders will definitely be waiting to see how today’s daily candlestick closes.
If the daily candlestick closes with a standard doji, we may most likely be seeing a bullish continuation of price this Friday (which I am suspecting)
What say you?
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