Hello traders,
let’s hit the charts:
1. EUR/JPY
Higher lows and and higher highs can be seen formed on the EUR/JPY.
If the daily candlestick closes above the key resistance zone, then we may most likely see price hit the next possible resistance zone before the close of Thursday’s London session
2. EUR/AUD
EUR/AUD started bullish at the beginning of the week, all we may be seeing now is a pullback before price continues its bullish campaign.
If price continues bullish, then our first possible resistance level would be 1.55378. If the buyers are still strong after hitting 1.55378, then we may see price reach 1.55976
If the bulls fail and price turns bearish, price will first have to break the key support zone before we join the sellers to the next possible support level (1.51829)
3. AUD/JPY
On the AUD/JPY, price is currently respecting a key support zone, and the base of a descending channel.
There is a huge likelihood that price may revisit the previous support zone (93.682 – 94.213)
What say you?
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