Tuesday Market Analysis: AUD/JPY & XAU/USD

Hello Traders,

let’s hit them charts:

1. AUD/JPY

On the AUD/JPY, price has reached a key support zone, and we can see how price is reacting to it

I will be waiting to see how the daily candlestick closes. If a bullish confirmation comes through, this will be a good setup to eat from during the asian session

2. XAU/USD

Gold finally found a support zone to bounce off from and has also broken a key resistance zone

I will be waiting to see how the daily candlestick closes before following the buyers to NPRZ

What say you?

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