Weekly forex pair forecasts (19/03/18)

in #trading • 7 years ago (edited)

EUR/CHF Daily

Hi Steemians, as we can see from the chart, EUR/CHF is preparing for a breakout with a week or so of tight consolidation. I will be watching when it pops for a nice entry point so stay tuned!

CAD/JPY Daily

The bearish outlook for CAD and the strength of JPY makes this pair a good short. When the 80.6 support is broken with substantial strength and momentum, a short position can be taken to ride the trend down. Stay tuned!

NZD/JPY Daily

This pair is retesting the significant support at 76.1. If this support is broken, we can expect to see this pair go down to 72.6 coupled with the strong outlook for the Yen, it is also a short that is in line with the fundamentals. Stay tuned for when it pops!

Please FOLLOW, UPVOTE, RESTEEM and COMMENT Below! Thank you!

#forex #setup #money
7 years ago in #trading by
$0.00
    8 votes
    Reply 0