
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Don’t waste your time – keep track of how NFP affects the US dollar!
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On the H1 chart of NZD/USD, you will see the resistance of 0.6670 that has never been breached since October 9. It will, eventually, and the question is when.
The higher lows from the last two days suggest that the bullish pressure is increasing from the downside and may finally erupt in the coming days. Take October 12 as the beginning of the triangle’s side and drag it forward until it converges with the upper side at 0.6670 like in the chart. The convergence point appears to be on October 15 – meaning, on Thursday. That suggests that before breaking the resistance, the pair will make another wave down to make another higher low above the 50-MA, and after that will aim to break the roof at 0.6670.
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
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Ichimoku Kinko Hyo USD/JPY: The pair is trading above the cloud…
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Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
What are the first stocks that'll see their quarterly reports out? Let's check them out and prepare for some moves in the stock market!
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