Hello traders,
let’s hit them charts:
1. NZD/USD
Last week, NZD/USD was stuck within the consolidation zone
This week I will be waiting to see how the Monday daily candlestick closes. If we do get a close above the key resistance zone, then our focus will most likely be NPRL
But if Monday daily candlestick closes with a strong bearish candlestick, I may look for short selling opportunity
2. NZD/JPY
NZD/JPY has a sweet setup lined up for the week
Last week, we saw price break a key resistance zone (The highest NJ has reached in the past 17 years), retest the support zone, before closing the week with a strong bullish candlestick
This means we are most likely going to witness a strong bullish move this week, and there is a possibility that price could move another 100 to 300 pips before the week runs out
3. AUD/JPY
I love the gradual bullish build up on the AUD/JPY
We can see a partial breakout of the key resistance zone formed last week. This week I will be waiting to see how buyers react around the key resistance zone
If buyers continue their bullish move, then I will be riding with them
What say you?
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