Forex7

NzdJpy long off support & Channel confluence

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
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On the monthly chart theres clear support comming in at 72.25 and a wedge is evident. Im ignoring the flash crash thats happened last week. although if we account for support @ 69.28 its clear that buyers want to push this higher. my target is @ 74 trendline resistance.