WEEKLY FOREX TRADING OUTLOOK FOR 4-5/03/2019
EUR/SD consolidated last week without any major directional moves.In the process two bearish pin was formed.This pair for now remained in range bound condition, we are anticipating a price action to clue us into directional bias.
GBP/JPY is grindingly creating a trend in a short time.Our directional bias will be clearer base on price action disposition at the next key resistance zone, 149.30 .We sit on or hands till we have a clearer dictates.
USD/JPY is slowly building up bullish momentum,We are watching closely price action reactions in the next few days..
GBP/CHF pull back by bearish forces. We expect this to continue into the support zone 1.3122-1.3026.We are at alert for a good and obvious setup along with the dominant trend.