Good day traders,
Let’s hit them charts:
1. USD/CAD
It took almost two weeks to break the 1.41360 level. That said, buyers were pretty aggressive towards the tail end of last week, and 1.41360 go destroyed without much hesitation.
This week we may see another 250 to 350 pips move upwards
2. EUR/JPY
The weekly time frame shows us that EUR/JPY is super ripe for buyers to throw in their money
Last week closed with a doji, above a key support level, price is also above the 200 MA, and the stochastic is oversold. There is a possibility that we may see a 200 to 350 pips move this week
What say you?
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