NZDJPY – Range Resistance Back in Focus

NZDJPY has been trading within a large range, repeatedly rotating between the support and resistance zones highlighted on the chart.

The pair is now retesting the upper bound of the range once again, an area that has rejected price several times in the past.

As long as this resistance continues to hold, we will be looking for new sell setups, anticipating another rotation toward the lower side of the range.

📌 The idea remains simple: sell near range resistance, buy near range support — until the range breaks.

⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and wait for proper confirmation before entering a trade.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr