NZDJPY - FALLING WEDGE
NZDJPY is creating a FALLING WEDGE chart pattern which indicates that soon the price is going to be BULLISH. Moreover, the RSI is showing BULLISH DIVERGENCE which further gives us evidence about the trend reversal. So, we will open a BUY STOP position and mark the STOPLOSS & TP1 and TP2.
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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.