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DLavrov

NZDJPY Buy Opportunity

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
DLavrov  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Support and Resistance Technical Indicators NZDJPY Forex
24
0
trendanalysis supportandresistance indicator nzdjpy forex
The price bounces from the support zone formed by SMA50 and 79.20 support level. RSI confirms price reversal. MACD histogram supports possible upward movement. Pending orders for buy can be placed above 81.00 level with stop orders at 79.00 level. The profit targets can be 83.00 and 86.00 resistance levels.
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