TGIF Traders,
It’s been one hell of a week.
No solid setups for me, coupled with high impact news events, left me chilling at the corner. Today, I spotted two setups on the daily time frame which could serve as trade opportunities with that could earn us a few pips before the close of the market.
Let’s hit them charts:
1. GBP/CAD
The aggressive bearish drop on the GBP/CAD calls for a pullback this Friday.
Price hitting a key support zone and 200 moving average is a huge trigger for a possible pullback. Day traders could go to the lower timeframe and look for bullish entries to NPRZ
2. EUR/NZD
The ascending channel on the EUR/NZD is also looking good.
The key support zone looks strong enough to bounce price to NPRL
What say you?
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