Opportunistic Wednesday presents us with USD/JPY & NZD/JPY

Hello traders,

let’s hit the charts:

 

1. USD/JPY

USD/JPY has finally broken a key support zone that has held price since last week.

We may see a retest this Wednesday before price will most likely continue another move to the next possible support level (123.984)

 

 

2. NZD/JPY 

NZD/JPY is currently testing a key support zone.

A breakout (which may most likely happen) will encourage more sellers to drive price down to the next possible support zone

 

What say you?

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