Hello traders,
let’s hit them charts
1. USD/CAD
On Friday we saw the charged bulls on USDCAD killing every bear on their path.
This week I will be eyeing the key resistance zone, and how the bulls react to it. If we do get a breakout on the daily time fame, then I will most likely join the buyers to the NPRZ
However, if a reversal occurs, then support level 1.35280 will be a level to watch out for
2. USD/JPY
Since August 2023, the USD/JPY has been creating new highs.
On Friday, price formed a bullish pinbar, which may encourage buyers to break last week’s high (149.603). This week all I will be interested in, is seeing how price reacts to 149.603.
A breakout means I will be joining the buyers to NPRL
What say you?
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