Hello traders,
let’s hit them charts:
1. GBP/USD
Double tops can be spotted on the GBP/USD.
Price closing with a doji shows that there is a possibility that price may return to NPSZ the first few days of the week, but there is a high level of risk selling this pair because the resistance zone does not give us a good risk/reward ratio.
2. GBP/CHF
On the daily time frame price has reached a key resistance level, and the 200 ma also authenticates it.
This week we may most likely see price return to NPSZ.
3. EUR/CAD
Since December 2021 the key resistance zone has managed to hold price.
Last week we saw a breakout of the key resistance zone. This week all we need is a bullish confirmation, and this may happen after a pullback. If that happens, then price next bus stop will most likely be NPRL
4. NZD/USD
A partial breakout can be spotted on the NZD/USD.
This week all we need is a confirmation, then we ride with the bulls to the 1st PSL
What say you?
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