Good day traders,
I am seeing some setups that may give us some profits before we retire for the weekend. Let’s hit them charts:
1. USD/CAD
Price on the USD/CAD has hit a key resistance zone, and there is a huge likelihood that we may see sellers come in and take price back to NPSZ
2. GBP/JPY
EJ has an interesting setup.
The last time EJ broke this key resistance zone (potential key support zone) was June 2008 (16 years ago). What I foresee happening is:
We may most likely see a slight retracement (which is most likely rounding up) before buyers take charge.
What say you?
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