Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
NZD/USD: confirmed 'Triple Bottom' pattern
Information is not investment advice
A 'Triple Bottom' pattern has been confirmed by the last bullish 'Thorn'. Also, there's a 'Flag', so the market is likely going to reach the previously tested resistance by the 'Triple Top' pattern (0.6940). If a pullback from this level happens next, bears will probably try to achieve the closest support at 0.6847, which is near the Moving Averages.
The Canadian employment change has been published together with the US PPI. Don't miss the best chance of this week!
Yellow metal has become the best performing asset during the coronavirus. Some analysts foresee it will reach $2 000.
EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!