New Zealand Dollar / Japanese Yen

Long

Updated

NZDJPY: Classic Trend Following 🇳🇿🇯🇵

snapshot

After NZDJPY set a new higher high higher close on a daily,
the pair has retraced.

Currently, the market is trading around a previous daily high.
On that, the price formed an inverted head and shoulders pattern.
With the last hourly candle close, the market violated a horizontal neckline.

Now I expect growth.

Goal - 80.15

Note

Check my new idea on NZDCHF:

NZDCHF: Bearish Continuation 🇳🇿🇨🇭

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✅Join My Telegram Channel: t.me/VasilyTrading

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.