Hello traders,
let’s hit them charts:
1. GBP/USD
Finally the 10 months old resistance zone is about to get broken on the daily time frame of the GBP/USD.
If it does happen at the close of Tuesday daily candlestick, then we have two resistance levels to look out for:
- 1.26604 and
- 1.28155
2. NZD/JPY
The key resistance zone aligns with just below the 200 ma.
Meaning we could see price drop back to NPSZ. That said, we should also be cautious of the high impact news on the NZD scheduled for 3 am. So ensure you take partial profits or totally exit this trade before 3 am
3. CAD/JPY
The CAD/JPY setup looks similar to NZD/JPY. If price closes with a bearish engulfing candlestick, then we may most likely see price visit NPSZ
What say you?
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