Opportunistic Wednesday presents us with GBP/CHF & NZD/USD

Hello traders,

let’s see if we can make some pips off the market today

 

 

1. GBP/CHF

The close of the 11pm candlestick on the GBP/CHF has shown to us that the buyers are still having a field day.

Since the key resistance level is broken already, our next possible resistance level is most likely to be 1.27920.

 

 

2. NZD/USD 

NZD/USD has broken another key resistance level, price has retraced and we are currently seeing a bullish engulfing candlestick which is a strong presence of buyer’s

Our next possible resistance level is most likely to be 0.72124

 

What say you?

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