Hello Traders
It’s the last week of April, let’s see what the market has for us:
1. USD/CHF
USD/CHF has reached a key resistance zone and we may see a minor or major retracement
I say retracement because the weekly chart shows a strong bullish outlook. So if you are joining sellers this week, targetting 70-100 pips won’t be a bad idea
2. NZD/JPY
NZD/JPY has multiple resistance zones it may hit before it drops
I will be waiting to see how it reacts to the current resistance zone before making up my mind to join the sellers probably at the close of Monday’s daily candlestick
3. CHF/JPY
CHF/JPY is currenty occupying a key resistance zone and a good spot to start selling
I wil be waiting to see how price reacts on the first few hours of market open. If it aligns with my bias, I will be joining the sellers
4. XAU/USD
I sight a beautiful bounce on Gold
I may look for a good entry on the 15 minutes time frame and join in
What say you?
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