Hello traders,
let’s hit them charts:
1. AUD/USD
The once key support zone has now turned to key resistance zone on the AUD/USD.
This week we may most likely see price hit NPSZ, that said we should not under estimate the previous consolidation that occurred between September 2022 to October 2023, as price may form a consolidation this week after spewing 60-120 pips. So if you are selling, do so with caution
2. NZD/USD
The key support zone on the NZD/USD is an area you don’t want to miss out on this week,
A break below the support zone and price next possible destination would be the green zone, which is over 300 pips
3. CAD/JPY
CAD/JPY closed last week by breaking a week long consolidation.
This week, there is a good chance that the buyers will rule, and price may most likely revisit the green zone, thereby gifting traders over 230 pips.
What say you?
NOTE:
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