Hello traders,
let’s hit them charts:
1. USD/CAD
The bulls see to continue their run from last week.
Now that the key resistance zone is broken, we have to wait and see how the daily candlestick closes. If it supports the bullish breakout, then price may most likely hit NPRZ before the close Tuesday’s candlestick
2. USD/JPY
USD/CAD and USD/JPY got similar setups
USD/JPY stands out because the key resistance zone was retested by sellers, and they seem to have failed.
A little patience will still be needed to see how the 7 pm candlestick closes before joining the buyers to NPRL.
Meanwhile if you are interested in AUD/USD, kindly check yesterday’s analysis. AUD/USD is almost ripe for plucking
What say you?
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