Hello traders,
let’s hit them charts:
1. USD/JPY
I shared this USD/JPY setup in our weekly analysis
We can see that the bulls are really holding their ground. if we do get a breakout above the resistance zone, we could see a 170 pips move upwards.
2. NZD/USD
A bearish breakout can be spotted on NZD/USD.
It’s too early to call it a breakout though, until the close of Wednesday’s candlestick. If price closes below the key support zone, then NPRZ will most likely be our next bus stop
That said, be mindful of the high impact news on AUD by 1.30 am on Thursday. News on AUD, most times affects NZD, so be cautious
What say you?
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