Hello traders,
let’s see what the new week has for us:
1. EUR/JPY
On the daily time frame of the EUR/JPY we can see that the key resistance zone was partially broken last week
If we do get a good a decent buy opportunity as the week progresses, then we could see a 170 pips move to NPRL
2. NZD/JPY
A breakout and retest can be spotted on NZD/JPY daily time frame
The last time this key resistance zone was broken, was November 2014
This week we could be seeing a 150 pips move to the next possible resistance level (93.603)
3. CAD/JPY
Last week we saw CAD/JPY break a key resistance zone which was last broken 2007.
This week I will be waiting for price to return to the key support zone, and look out for a buy opportunity before engaging.
What say you?
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