NZDJPY D1 Analysis
The NZDJPY chart has been bouncing off a resistance line for quite some time now, and there is still no sign of trend reversal with the formation of lower highs and lower lows at every rebound. We expect another downward move from this pair. Hence, the trade would be executed as follows:
NZDJPY
SELL: 70.000
SL: 73.000
TP1: 65.000
TP2: 60.000
NZDJPY
SELL: 70.000
SL: 73.000
TP1: 65.000
TP2: 60.000
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.