Hello traders,
let’s see what the market has for us:
1. EUR/USD
On the EUR/USD we can see a key resistance zone broken.
The close of the daily time frame may further solidify our bullish bias. If our bullish bias is confirmed, then we may see price hit 1.01929
2. USD/JPY
For over 2 months USD/JPY has been on a bullish campaign. Mid last week we saw price hit resistance level 151.801, and began to fall afterwards. This is the highest price has reached in over 20 years.
Presently we may be seeing a pullback on the USD/JPY, but its wise to be patient in order to see how price reacts around the current support zone.
A breakout may further encourage the bears to continue pulling price down to the next possible support zone, and a reversal may mean price revisiting resistance level 150.086
3. NZD/USD
NZD/USD has finally broken a key resistance level (0.57539) after hitting a key support zone last week.
We may most likely see price hit the next possible resistance zone (N.P.R.Z) before the week runs out
What say you?
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