ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor NZD/JPY Long-Term Trend: Bullish
Key Resistance Levels: 88.394, 88.595, 89.083
Key Support Levels: 87.615, 87.026, 85.242
Daily Chart:
The price on the higher time frame has recently been in an uptrend. It tested a support level of 85.242 and bounced back. The pair has broken a few resistance levels which suggests further trend continuation.
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 broke a key area and has sustained above that. As of now the pair has broken and retested a minor level of 87.615 before continuing the momentum.
Signal Idea:
Buy Limit Order @ 87.917
TP @ 88.350
Stop Loss @ 87.486
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
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