NZDJPY is approaching to a resistance zone of 82.500 which is the high of 21st Oct 2021 last year. The price can have two possibilites there;
a) A breakout above will lead the price to ATH
b) A break below will first test the support of parallel channel, and if this is taken out then we can have 79.000
Trade your levels accordingly.
a) A breakout above will lead the price to ATH
b) A break below will first test the support of parallel channel, and if this is taken out then we can have 79.000
Trade your levels accordingly.