GBPJPY 240 Buy after closing 4H above the highlighted area
Price Cluster Weekly + Daily formed below the current price and expect Gold to bounce back to the area of 1229
Expect a Supply around 130.6 that may support forming a re-test to the penetrated down trend then price would fly back to the area of 132 once again.
Price pushed through the up-trend channel and is expected to bounce back from a weekly HVN to retest the broken channel and continue declining. Best entry would be at the re-testing zone of the broken channel with the target of the Blue lines in sequence >>> Good Luck to all!
Expect the EURUSD to further decline toward the weekly HVN area (Blue lines) supported by the strong bullish trend of USD.
Pair is expected to visit the red highlighted area
The pair has penetrated the downtrend and expect to touch the red highlighted area.
GBPJPY has penetrated the trend and make a perfect re-test so the expectations would be to visit 152 / 154 levels supported by the weakness of JPY index.