Weekly Market Analysis: USD/JPY & AUD/USD

Hello Traders,

let’s hit them charts

 

1. USD/JPY

USD/JPY bears are looking formidable.

I will be waiting to see how Tuesday’s daily candlestick closes. If we do get price drop below the key support zone, then NPSL will be price’s next bus stop

 

 2. AUD/USD

I love price bounce on the 200 ma

Price break above the consolidation zone means that this week, we are most likely going to see more buyers, and price may most likely hit NPRZ

 

What say you?

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