Welcome to the second quarter of 2024,
There are some interesting setups waiting for our attention
1. EUR/USD
The month of March closed, giving us a decent breakout on Thursday (sellers are still in control) and a doji on Friday (which signifies indecision)
Since we still have the sellers in charge of price, this week I will be expecting the bears to continue their journey to NPSZ, so I will be hunting for sell opportunities
2. EUR/JPY
Another decent breakout can be spotted on the EUR/JPY
So, I will also be looking out for sell opportunities, and my target will be NPSZ
3. NZD/USD
Last week we saw NU close with the sellers having an upper hand.
This week, I will be expecting the drop to continue, and probably hit NPSZ
4. EUR/CAD
I rarely trade EUR/CAD, but I see potentials on this trade.
There is a possibility that we may see consolidation above or within the key support zone before the bulls take over and drive price back to NPRZ
What say you?
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