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JAPANESE YEN / NEW ZEALAND DOLLAR

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JPYNZD trade ideas

💡Don't miss the great sell opportunity in NZDJPY Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (85.42). 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 a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 43 Take Profits: TP1= @ 84.89 TP2= @ 84.24 TP3= @ 83.16 TP4= @ 82.24 TP5= @ 80.86 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
NZDJPY 1D TIME FRAMEThe chart shows a channel pattern since 2020 and now the pattern shows a multiple rejection at the top resistance zone . And now small correction in the price . And now the inside of the pattern shows a falling of price and it touches a near the Minor resistance zone . wait for the breakout If it breaks the minor resistance it will go up to the major Resistance . THIS IS OUR PRICE ACTION VIEW OF THIS SCRIPT . THIS EDUCATIONAL PURPOSES ONLY MAKE A TRADE ON OWN ANALYSIS .
by traderz_tamil
NZDJPY 1D TIME FRAMEThe chart shows a channel pattern since 2020 and now the pattern shows a multiple rejection at the top resistance zone . And now small correction in the price . And now the inside of the pattern shows a falling of price and it touches a near the Minor resistance zone . wait for the breakout If it breaks the minor resistance it will go up to the major Resistance . THIS IS OUR PRICE ACTION VIEW OF THIS SCRIPT . THIS EDUCATIONAL PURPOSES ONLY MAKE A TRADE ON OWN ANALYSIS .
by rajendranvijay42