This week Chart Analysis

in #forex6 years ago

EURNZD


en.jpg
Last week EURO was very bearish, on EURNZD pair weekly chart, we can see price is breaking UpTrend support, price might retest before a hug drop. I already set it to break even. If you have not, you can set your SL above 1.18000 (Long term, suggest using small lot)

EURUSD


On weekly chart, EURUSD is below SMA200(Red line), 1.18 resistance tested many times, did not break. So this pair will test 1.15 support this week ahead of NFP report on Friday.
eurusd.jpg

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