TGIF Traders,
Another weekend is upon us.
Grab your forks and knives, let’s see if we could wine and dine on a trade setup before we commence the weekend.
Let’s goooo…
1. NZD/JPY
price of NZD/JPY on the daily chart is resting on support level 73.801.
A gravestone Doji signifies that the bulls are running out of steam. Though the daily candlestick has not closed yet, if it closes this way, we may most likely see a bearish trend this Friday, and our next possible support level may most likely be 72.373.
If the daily candlestick closes bullish, price may form a consolidation between 74.759 and 73.801.
I will also be on the lookout for this trade.
Thanks for sharing your time with me, I greatly appreciate that and I wish everyone a great weekend ahead.
