Weekly Market Analysis: USD/JPY & EUR/USD

Hello Traders,

let’s hit them charts:

 

1. USD/JPY

A beautiful rejection spotted on the USD/JPY after price touched the 200 ma

I see a possible strong bullish move to NPRZ on Monday

 

2. EUR/USD 

Price rejection after hitting a key resistance zone on the EUR/USD shows that sellers are likely going to take price back to NPSZ this Monday

 

What say you?

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