Hello Traders,
It’s almost mid-week over here, let’s hit the chars and see what the market has for us.
1. NZD/JPY
NZD/JPY is gradually approaching a key support level (68.965)
Patience would be required in order to see how price would react to that support level.
A bearish breakout will most likely encourage the Bears to force price down to the next possible support level (68.394) and if price bounces off 68.965, then we could see the Bears pulling price to resistance level 69.284.
I wish you a great day ahead ladies and gents.
