Weekly Market Analysis: USD/CAD & GBP/NZD

Hello traders,

let’s hit them charts:

1. USD/CAD

Last week we saw price on the USD/CAD reverse at the golden zone after 2 weeks plus of sellers having a field day

Currently we are seeing price below a key resistance zone that held price previously for over a month. If we do get a bullish breakout this week, buyers could gift us over 200 pips this week on their way to NPRZ

2. GBP/NZD

The last time price broke the key resistance zone was a little over 10 years ago.

Last Friday buyers created a new high, which we could make money off once price revisits and break’s last week’s high

What say you?

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