ToniSignals

NZD/JPY Signal - JPY Producer Price Index - 11 Nov 2021

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZD/JPY has traded into a key structure as support following the JPY Producer Price Index data, which marked an increase in Producer Prices. Technically the pair has pulled back to key structure support and bounced from the key zone, and has also bounced from the flag pattern support trendline. We are looking for a sustained upside move to 81.80.


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