Greetings, traders! Welcome back to another market analysis.
The NZDJPY pair has been following a bullish trend, with the price indicating signs of strength in the last week. This breakout suggests the possibility of further upward movement. I intend to consider entering positions at lower prices following confirmation of the lower time frame during the next pull-back phase.
Yes this one makes sense 👍 Only a matter of time till it will take out the recent high. The only risk is coming intervention from the BOJ but it will be hard to time.
Leo-btm
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@PrimeTrading with the current Geopolitical conflicts I decided to not long this pair. Not recommended anynore
Only a matter of time till it will take out the recent high.
The only risk is coming intervention from the BOJ but it will be hard to time.