22 Mar Weekly Technical Analysis & Review (23th – 27th March 2020)
Weekly Price Review
EURUSD Have big possibility to goes down and touch then support zone before take any buy move. So you can find a short sell entry here target next drawing support point.You can join our with paid signal channel on Telegram we have been the most consistent reliable Forex Signals service in world. Join us and change your life. If you want daily profit then you can join with us and get 90% profitable trade always. For more info about our paid group > inbox us or select our service package Click here Forex Signal, Forex Trading , Forex Best Signal Provide
GBP/USD tested 35 years of low rate 1.1400 last week. So definitely it will work as a major support in the next week.If GBP/USD breaks below 1.1400 next target is 1.1000 psychological rate 1.1000 area.On the other hand, the Market closed the above the downward channel’s support area .So, it may test 1.1900/1.2100 again. I don’t think GBP/USD will rise above 1.2100 soon.
GBPNZD seems to have reached the area of resistance basing on the trend line drawn on the Monthly highs and also having a wick formed on the monthly candle stick showing price rejection as it tried to go higher. In addition on the weekly and daily time frame, pin bars seem to have been formed in an area of value hence showing signs of a trend reversal. Best looking for an entry next week possibly March 23 or at the end of the month after the closure of the monthly candle stick.
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