THE monthly high is ata 114.400 and market is currently hitting stop of retail traders at 114.250 then will be heading down slowly to the end of this month
if by any chance the market has to break 114.000 the next support will be at 112.000
nzd usd has to ways to turn out depemding with how the members of the federal reserve will comment 0n inflation and i will be aiming for 100 pips minimum depending on the dirrection the market heads for this month
USDJPY has beign bullish for the past 2 weeks , but currently, price has reach a major psychological level of RESISTANCE in the weekly time frame. So, a zoom into smaller time frames gives us good entries . Have a look over the video where all my trading conditions and details are well elaborated.
Price begins a downwards rally move and RSI indicator gives us a divergence confirmation . The trigger entry here is the crossing on the MA on the ichimoku cloud and a rising out of the price on the BB width 200