Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month.
Bitcoin: trade on the breakout
BUY 3550; TP 3700; SL 3500
SELL 3400; TP1 3280; TP2 3150; SL 3450
Bitcoin is consolidating within a symmetric triangle. A boost in volatility is about to take place.
BTC/USD is oversold on large timeframes. However, it still has scope to visit the 200-week MA at 3100. We propose pending orders on the break of the triangle. The highs of this week and the lows of the last week will be the respective targets.
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum.
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