Hello Traders,
Welcome to the second half of the year. Let’s hit them charts and see what pairs to trade in the new month
1. NZD/USD
NZD/USD closed at a key support zone last week, and should be a good pair to buy, but I will wait to see how Monday’s candlestick closes before I decide on what to do
A break below the key support zone and price may most likely hit 0.59908. That said, if I do get a second rejection, after Monday’s candlestick close, then I may join buyers to 1st PRZ
2. CAD/JPY
Last week Friday, price broke the 117.303 resistance level, which has held price for 2 months
This week we are most likely going to see more buyers come into the scene, and push price further up by 300 pips plus
What say you?
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