Tuesday market analysis: GBP/CAD & CHF/JPY

Hello traders,

let’s see what the market has for us:

 

1. GBP/CAD

Great British pounds against the Swiss Francs

The 4 months old resistance zone is finally broken on the GBP/CAD

We may see another 100 pips plus move this Tuesday if the daily candlestick closes above the key resistance zone.

 

 

2. CHF/JPY

Swiss Francs against the Japanese Yen

The 7 months old resistance zone has been compromised on the CHF/JPY

If the daily candlestick closes above the resistance zone, we may see the bulls fetching us over 800 pips in the next few week

 

What say you?

 

NOTE:

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