24hrtradingacademy
NZDUSD Potential ShortResistance at Daily trend line.
Bearish divergence on the 4hr timeframe.
Resistance at 0.66000 psychological level.
GBPUSD Potential ShortResistance at Daily trend line resistance.
Bearish divergence on the 4hr timeframe.
Resistance at 1.32000 psychological level.
Approaching Weekly EMA 200.
GBPUSD 1.3 HUGE PSYCHOLOGICAL LEVEL WAIT FOR A BREAK AND RETEST OF EITHER THE UPWARDS OR DOWNWARDS DIRECTION
BEST ENTRIES WOULD BE ON LOWER TF AND DURING THE RETEST AND NOT THE INITIAL BREAK
EXPECT HUGE NEWS NEXT WEEK DUE TO THE GENERAL ELECTION
USDJPY Potential LongApproaching daily trend line support.
Support around 108.92 Previous Daily Low.
Support at Daily EMA 31 & 200.
USD appears to be weak on the currency strength meter while JPY appears to be strong.
GBPUSD Potential ShortResistance at weekly trend line.
Bearish divergence on the daily timeframe.
Resistance at Monthly EMA 31.
Approaching 1.30000 psychological level & previous monthly high.
