Analytical review of the main currency pairs in 1.06.2020

Hello. Below are a few recommendations when trading in the Forex market at the beginning of the new trading week 1.06.2020

NZDUSD

On a pair NZDUSD price continues to move in the district level 0,6192 and formed a pattern Doji. Level is quite strong, and it is not clear hold and will resume it the fall, or continue growth. In the statistics of transactions small margin sellers, suggesting a possible growth. I’m also inclined to continued growth and are looking at buying, with the goals 0,6450 and above.

USDCAD

On a pair USDCAD in the same pattern Doji below the level 1,38500. It seems that a correction to a previously punched level were done here. And continue the fall of, developing down trend. Consider there sales.

AUDNZD

On pair AUDNZD managed to retain the level 1.0664 and bounced formed a pattern of Absorption. Waiting here for continued growth, consider buying with a break above resistance 1,0831.

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