NZDJPY trading in Rising Wedge

May 28, 2020

NZDJPY is trading in a rising wedge pattern and at the resistance level. We might see some correction in pair from the current level towards support 1 and support 2, as target 1 and target 2 respectively. But, if it breaks out on the upside from the rising wedge pattern, we may see resistance 1 as the target for upside.

Note - trade with the proper risk management system

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