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ForecastCity_EU
Feb 4, 2020 5:30 PM

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 (70.60). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.

Take Profits:
TP1= @ 71.60
TP2= @ 72.30
TP3= @ 73.35

SL= Break below S2
Comments
raajan123
Hi WHATS THE FATE of NZDJPY TODAY,,i started buying..at s2 is it a good dectsion
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