Weekly Market Analysis: USD/JPY, NZD/USD, GBP/CHF

Hello traders,

Let’s hit them charts:

1. USD/JPY

USD/JPY spent the whole of last week ranging.

This week, all I will be interested in is waiting for a breakout above the key resistance zone before joining the buyers for another 170 plus pips to the next key resistance level

If that fails to happen, then I will be sitting by the sidelines

2. NZD/USD

The key support zone was broken last week on the NZD/USD.

This week I will be looking for sell opportunities and probably joining sellers to NPSL. 

Note: This week is riddled by high-impact news, so if you are a swing trader and hoping to ride the bearish trend, apply caution

3. GBP/CHF

The GBP/CHF setup was one I shared last week, and a setup I am actively in

We may most likely see buyers lose steam around the key resistance zone before the bears take over and possibly drive price down to NPSZ

What say you?

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