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NZD/JPY Potential Upward Movement

NZD/JPY Long-Term Trend: Bullish

Key Resistance Levels: 88.40, 88.98, 89.24

Key Support Levels: 87.36, 87.11, 86.71

Daily Chart:

The price on the higher time frame has reversed the direction after finding support around the 81.00 level. It was trading in a range for some time and has now broken the upper range. The price has also broken a minor level of 86.65 which shows signs of bullish trend.

NZD/JPY Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It consolidated for some time between 86.33 and 87.11 and sustained above that. It has now also broken and retested a minor level of 87.36 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 87.76

TP 1 @ 88.29

TP 2 @ 89.09

Stop Loss @ 87.23

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. He is The Best Trader In The World

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    Signal frequency:3-4 per day
    Signal source: Telegram
    Price $40

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