Hello Traders, Hope everyone is doing well. Market have not move much recently. Basically I am stay on sideline for the moment. Below are the pairs that I am watching closely this week.
1) EURNZD - currently price is oversold in most timeframe. We are at the 200EMA area on the weekly and 50EMA on the monthly chart. Expecting some upside movement soon. Still waiting for buyer to get in.
EURJPY is back on key support and there might be a possible of triple bottom.
For more outlook on other pairs feel free to watch our weekly outlook on youtube. Happy pipping.