GBP/JPY – The H4 chart supports a pattern that has been with us for a long time. Again there was a rebound from the line connecting the series of lows and now again, at similar level the price starts to turn back towards it. The space tor the trend line is quite large, so consider the option PUT.
AUD/NZD – quotes on the H4 chart show that once again the resistance zone around 1.1120 again turned to be a undefeated barrier . The price is bouncing backwards to the lower levels. There is a well-respected trend line nearby. It seems that it may be the target of the current supply movement. In this context, consider the PUT option.
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