Based on my technical analysis I have identified potential buying opportunities for the NZD/JPY currency pair. These opportunities arise after observing a Break of Structure on the daily time frame which signifies a significant shift in market dynamics. Additionally this break aligns with an institutional round number of 86.700 which often acts as a significant...
Just noticed NZDJPY is trading inside an 1 hour time frame demand level offering a +4 reward to risk. Only an 1 hour candle closing below the zone will invalidate the setup. Target for this demand is at 87.25
Hello traders, NZD/JPY is trading at 75.68. The price is moving in a downward resistance and support channel, after touching support level it can retrace back to its resistance level. The entry price for the pair is at 76.22, target price is at 77.15 and stop loss price is at 75.48.
Follow proper risk management strategy to avoid unnecessary losses and to...
Currently, NZD/JPY is trading at 70.11. The pair is consolidating in the resistance and support wedges. The pair may start a new uptrend, if it breaks the resistance level at 70.43, likely the pair might consolidate further for some time. If the pair starts a new uptrend after breaking the resistance level, then its first target price will be at 71.61 and the...
Currently, NZD/JPY is trading at 70.24. The pair is consolidating in the ascending triangle resistance and support wedges. The pair may start a new up trend if it breaks the resistance level at 70.43 and it is possible that the pair may continue its consolidation between resistance and support wedges. If the pair starts a new up trend after breaking the resistance...
