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ThinkingAntsOk

NZD/JPY Breakout Confirmed by ThinkingAntsOk

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
ThinkingAntsOk  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis NZD jpy NZDJPY LONG Bullish Patterns analysis
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trendanalysis supportandresistance mtfa nzd jpy nzdjpy long bullish analysis
🔸 DAILY CHART EXPLANATION:
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🔸 Price broke the Resistance Zone after consolidating for a few weeks.
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🔸 We consider it has potential to make a strong upside move towards the Descending Trendline.
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🔸 However, we may see a corrective move looking for a pullback to the broken zone in the short term.
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🔸 Will look for a lower timeframe Bullish Setup.

🔸 WEEKLY CHART ANALYSIS:

snapshot



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