Hello Traders,
Let’s hit the charts…
1. EUR/USD
On the daily chart, the EUR/USD started with buyers driving price back to 1.09931.
If the Euro strength continues, we may see resistance level 1.10110 break, and price finding the next possible resistance level (1.10846).
Also, have in mind that we may see price correct it’s last week bearish move and price may most likely return to support level 1.09085.
2. AUD/JPY
On the daily chart, we can see price on the AUD/JPY recovering from a pullback.
Let’s not get too excited as we still have to wait for the close of the daily candlestick before we look for a buy position.
If it pans out, then our next possible resistance level would be 73.329.
Note that NZD/JPY has a similar setup, if you missed it, you can check it out here.
What do you think?
