Weekly Market Analysis: AUD/USD & NZD/JPY

Hello traders,

let’s hit them charts:

 

1. AUD/USD

AUD/USD  closed with a good bounce above a key support zone last week Friday

This week we are most likely going to see the bulls continue their run to NPRZ, but not without minor stops before NPRZ

 

2. NZD/JPY

NZD/JPY has a very interesting outlook

The last time the key resistance zone (now a support zone) was broken was 2007. The possibility of buyers making another 120 to 200 pips to the next resistance zone is highly possible this week

 

What say you?

Note: 

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