NZDJPY: Potential Long Trade Explained 🇳🇿🇯🇵

Long

New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)

Updated

OANDA:NZDJPY New Zealand Dollar / Japanese Yen

Wedge Trend Lines Double Top or Bottom NZDJPY japaneseyen yen newzealanddollar Forex trading Technical Analysis

wedgepattern trendline doubletoporbottom nzdjpy japaneseyen yen newzealanddollar forex trading technicalanalysis

snapshot

NZDJPY is trading on a key level.
To catch a pullback from that follow a falling wedge pattern on 4H time frame.
Wait for its resistance breakout as your trigger to buy.

Your targets will be 77.3 / 77.85

If the price sets a new lower low lower close the setup will be invalid.

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