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NZDJPY, Breakout Ascending Channel and has a very good Support! Watch out Friends!
This is NZDJPY 4H timeframe analysis, i'm expecting the market to start selling from where it is at a moment.
NZDJPY ********* ⏳Day chart 🎲 Detailed analysis ⛳️Bullish entry —————-❇️——————- Detailed analysis 💬 1️⃣ Notable break and retest happens twice 2️⃣ 71.630 Multi month highs strong support 3️⃣ Positive risk sentiment, Vaccine news 4️⃣ 72.00 Dynamic support and resistance 5️⃣73.600 acted as strong resistance-Key trend reversal area 6️⃣ 70.110 50% Fibonacci...
NZDJPY - I think it will go short up... Are you have any questions, suggestions, or feedback? Then write on comment or privet chat. If you need any help, info, or analysis. Then knock me without any hesitation. ....Thank you.... ©Learning Forex
The zone of 71.100-200 proves to be a tough nut for the pair. Despite multiple attempts, the price is unable to break above it. Further, the price action has formed an evening action star pattern at the resistance zone. Hence, we expect the pair to be bearish in the near-term.
As you can see NZD/JPY recently broke above the consolidation/Ranging level. and has RETESTED it. Now we need to see if this was a fake breakout or it will actually continue in Buy. if it comes back in the consolidation range then it was a fake breakout BUT if it breaks above the previous structure at around 71.950 then it should continue going up till next...
I will go long on NZDJPY because it just bounced on the support zone. It is safe now to go long on NZDJPY. This is the best time to buy NZDJPY for next week bullish move. I think it will go up next week. Trade At Your Own Risk ;)
The counter is currently formed a flat ABC corrective wave. It broke out from a bear flag pattern, tested the broken support, and is now coming down with strong momentum. Hence, we expect the pair to be bearish in the near-term.
BUYING NZD/JPY Entry: 69.37 Target: 70.22 (85+ pips) SL: 68.53(84- pips) Please use a sensible lot size.
The counter has been declining steadily ever since it hit the high of 71.663. However, it has now found support the levels of 68.226 amid testing it twice. It has formed a bullish pinbar followed by three white soldiers, which is a powerful reversal signal. Further, it has crossed the bearish trendline with a strong bullish candle. Hence, we expect the pair to...
OANDA:NZDJPY has been consolidating on the daily lows which right now the price is making new daily highs. SL: 65.407 TP1: 68.129 TP2: 69.900
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NZDJPY reversed off its resistance at 67.025 where it could potentially drop further to 65.734. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY reversed off its resistance at 67.025 where it could potentially drop further to 65.739. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.