Hello traders,
It’s weekend once again, let’s head straight to the market and see what opportunities abound.
1. USD/JPY
Now, on the weekly chart of the USD/JPY, there was a clean breakout at support level 107.459.
A pull-back on the weekly chart completed a descending channel formation daily chart.
If the daily candlestick closes with a bearish pin-bar, there is every possibility that we may see price hit support level 106.762.
2. NZD/USD
NZD/USD on the daily chart has finally broken an important resistance level.
We could see a possible +115 pip move to the next possible resistance level (0.68107) if the daily candlestick closes this way.
Let’s not forget that FRIDAY IS NIGH.
Both of these moves may not hit the intended target before the market closes for the weekend.
What are your views?
Alright, I wish you a great weekend and do stay blessed.
