Whhhat’s up tradeeeeeeers,
The party is over, and it’s time to do some damages this 2019.
Our first consolidating Thursday brings some interesting setups to our doorstep, without wasting any much of our time, let’s hit our charts.
1.EUR/JPY
EUR/JPY on the daily chart looks quite interesting.
Formerly within an ascending support, Euro took a mean beating from The Japanese Yen, which led to the bears smashing through three key support zones along the way to its next support level.
We may experience a slight pullback on this pair, before the bears take price to the next support level (122.024).
2. NZD/USD
NZD/USD on the daily chart is also looking sumptuous.
A key support level(0.66995) was broken today and this action may encourage the bears to further continue what they have started with this pair.
The next possible support level I believe this pair may hit is 0.65449.
In both analysis, confirmation is key before committing your funds. Kindly trade on the part of caution.
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That said… Do have a great year ahead
