Hello Traders,
Let’s see what the charts have for us today.
1. GBP/USD
A key resistance level (1.32532) on the GBP/USD has been broken.
There is a huge possibility that our next possible resistance level (1.33523) could get hit before the Asian session commences.
2. CHF/JPY
CHF/JPY is currently testing a key support level (114.881)
A breakout may further encourage sellers to push price to hit a previous support level (114.264), and a bounce from the present support level could also encourage buyers to take price to a previous resistance level (115.595)
If you are planning on trading this pair, please be generous with your stop loss’s. The fishbones on this pair can kill a careless starving dog
What say you?
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