TradingView
ForecastCity_EU
Jun 26, 2019 8:04 PM

Don't miss the great buy opportunity in NZDJPY Long

New Zealand Dollar/Japanese YenFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (71.500). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDJPY is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 74.

Take Profits:
TP1= @ 72.10
TP2= @ 73.60
TP3= @ 74.80

SL= @ 71.00
Comments
fxniki
Thanks to you for sharing such a great buy opportunity in NZDJPY.
Forecast_Crypto
Great analysis buddy
More