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ForecastCity_EU
Oct 11, 2019 11:42 AM

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 (68.15). 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 76.

Take Profits:
TP1= @ 68.87
TP2= @ 69.67
TP3= @ 70.24

SL= Break below S2
Comments
Prince7487
great one
Best_Forecast
Great analysis so far, keep it up!
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