Let’s go Tuesday hits us with EUR/JPY & NZD/USD

Hello traders,

There seem to be some great setups lined up for us. Let’s check them out.

 

 

1. EUR/JPY

EUR vs JPY

EUR/JPY just crossed a critical resistance level (125.934).

There is a high probability that this breakout may further encourage the bulls to take price to the next resistance level (127.080).

Conservative traders could wait for a pull back before placing a buy.

 

 

2. NZD/USD

NZD vs USD

The NZD/USD setup on the 4 hours chart was analysed on our Sunday analysis.

There was finally a breakout on resistance level 0.68745. There was also a pullback towards the tail end of Monday.

Presently we are seeing the bulls getting ready to take price to the next possible resistance level (0.69411)

 

And… That’s all we have for today… Wishing you a great week ahead guys

Related Posts

2 thoughts on “Let’s go Tuesday hits us with EUR/JPY & NZD/USD

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)