OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY has been range-bound for over 50 days now. This range is nearly 250 pips and is like a game of table tennis.

Now that it is at the top again it is very likely that we will see yet again, another bearish move. The potential target is a conservative 63.515. Stop losses should be placed above the highs of this range.

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Safe Trading,







Comment: The ideal entry is now

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