ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor NZD/JPY Long-Term Trend: Bullish
Key Resistance Levels: 87.035, 87.359, 88.138
Key Support Levels: 86.059, 85.412, 84.852
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 also 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 recently to shift the short-term trend to bullish. As of now the pair has broken and retested a minor level of 86.059 before continuing the momentum.
Signal Idea:
Buy Limit Order @ 86.453
TP @ 86.896
Stop Loss @ 86.009
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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