Potential currency pair to trade on for this week

Hi friends, today I would like to share some of my opinions of potential currency pair to trade on this week, you are welcome to share and discuss your opinions with me

EUR/USD – Pullback expected at weekly resistance area

The uptrend of EUR/USD is confirmed and we expect price to pullback before further projection. This week, we will still remain our view has price has now reach weekly resistance area and failed to close above. For a better risk and reward, we would suggest to seek for buy entry at our highlighted entry zone.

NZD/USD – Price reached daily resistance zone and pullback is expected

Similar to EUR/USD, price has now reached daily resistance zone, which is also our targeted TP1 level for the previous buy entry. In the confluence zone, we will expect price to do a pullback downwards unless a clear break of daily resistance zone is seen before executing our second buy entry.

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