Hi guys. Hope you are having a wonderful week. Almost all pairs are running in CHANNELS in this market condition. So we have analysis on NZDJPY. The pair seems to be in a downtrend channel but is currently at its SUPPORT. Our analysis is that the pair will hit the support and will go to the RESISTANCE TREND LINE. One can take a buy call and close it as soon as you get a decent profit.
Views welcome from all our fellow traders. Thank you.
Ryan.R.Lopes
Views welcome from all our fellow traders. Thank you.
Ryan.R.Lopes
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.