Hello Traders,
let’s hit them charts:
1. GBP/USD
Last week we saw price close near a key support zone on the GBP/USD
This week I will be waiting to see how price reacts around the key support zone. If we do get a rejection, then we may see price revisit NPRZ
But if we see price breaks through the current support zone, then NPRSZ will be price’s next bus stop
2. EUR/USD
EUR/USD is currently resting on a key support zone, and also touching the 200 moving average
We may start the week with a deep pullback or reversal. If that happens, then I will be joining the buyers to the first bus stop (1.08432)
However, if the week starts with price breaking the key support zone at the close of the daily candlestick, then I will be riding with the sellers to NPSZ
3. NZD/USD
A huge drop promoted by last week’s news has brought price close to a key support zone. I would love to see how price closes on Monday.
If price closes with a rejection, then we may see price first retest 0.61474 before heading to NPRZ
What say you?
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