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NZD/JPY Potential Upward Movement

NZD/JPY Long-Term Trend: Bullish

Key Resistance Levels: 89.297, 89.516, 89.918

Key Support Levels: 88.807, 87.928, 87.557

4-Hour Chart:

The price on the higher time frame has been in an uptrend recently after it tested a support level of 84.544 and bounced back. The pair has continued to break a few resistance levels which suggests further trend continuation.

NZD/JPY Medium-Term Trend: Bullish

30-Minute Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 87.557 and 87.928 and has sustained above that. As of now the pair has broken and retested a minor level of 88.807 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 89.019

TP @ 89.253

Stop Loss @ 88.785

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. Hi sir if I join the group can I pass ftmo challenge?

  2. Csoltó Gergely

    Super! Thanks for the Signal!

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