Here is the $NZDJPY daily chart after NY session close yesterday. Very nice reaction at 65.50 ish zone. The major roadblock is seen at 64.30 ish zone now. It is a strong support zone formed by previous highs.
A late post. I was watching potential Long setup of of EURSGD at the retest of previous resistance zone. Initial target is to test 1.59, and next is 1.6. Let’s see how it goes.
$EURJPY had a nice break out from the range yesterday. A potential entry area will be around 99 if you are trading pullback. Just be aware, in daily time frame, 200 moving average and potential resistance zone are sitting around 101.
Not trying to call a top, I just thought it might not be the best time to jump into LONG position now. Anyway, just a small observation, ABCD completion at the top of the channel.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok