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The_Pip_Trader
Jan 12, 2024 10:44 AM

NZDJPY BUY ANALYSIS Long

NZD/JPYOANDA

Description

OANDA:NZDJPY Overall structure based on the weekly, daily, 4h and 1h is bullish with price having broken above the 90.500 daily resistance and retesting as 90.500 daily support with price also retracing at 38,2% Fibonacci retracement level at the same 90.500 daily support. The bullish engulfing candlestick on the 4h is an overall strong confirmation to go long on NZDJPY
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