Good day traders,
Regardless of what happened last week, we still have 4 weeks to ace this month. Let’s go
1. USD/JPY
Price on the USD/JPY has finally reached a zone it took it over 3 weeks to break when the market was bullish. The zone is now serving as a key support zone
This week we are most likely going to see price give us a 50% retracement or revisit NPRZ before breaking the current support zone
2. GBP/JPY
GBP/JPY is resting on a key support zone, and we can also see an oversold stochastic
This means that we are more likely to see buyers take charge this week. My bullish bias will only make sense to me after Monday’s daily candlestick closes. Till then, my bias is just wishful thinking
3. EUR/JPY
EUR/JPY and GBP/JPY share similar outlook, hence share same bias
What say you?
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