NZD/JPY Broke out of its 2-month range today (A) and is now testing strong resistance cluster at (1). Above this cluster would be considered bullish which should pave the way to 6850 as a first target to consider.
Is there a confirmation to go for the trade ? Nice chart.
rapidrunners
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@sharuvman, Hi, thanks for the kind words. Depending on your time horizon, you could try a long if we hold above resistance at 1 on let's say the daily time frame. And hold your position for the remainder of this week and maybe into next week. Use a stop below channel support at (A) 66.105.