Hello Traders,
How has the month of March treated you in the market so far?
This week for me was my recovery week. I have been working towards crawling out of the ditch I put myself in since the first week of the month.
Hopefully, I perform better this week and next week.
Let’s quickly look at the setups I will be eyeing this week:
1. USD/JPY
On the USD/JPY, all I will be looking out for this week will be:
If price will break the 108.875 support level, which may possibly force price back to support level 108.359, or
If the buyers are aggressive enough to break resistance level 109.200, the next level price will most likely get to would be 109.669.
2. USD/CHF
USD/CHF closed last week after price hit a critical resistance level 0.93234.
This week, If we do get a bearish confirmation, our next target will most likely be support level 0.92362
3. XAU/USD (GOLD)
Gold Closed with a strong bullish move last week.
There is a huge possibility that our next possible resistance level would be 1739.25 if buyers are still motivated this week.
What say you?
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