ForecastCity
Long

Don't miss the great buy opportunity in NZDJPY

FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (64.1). 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 47.

Take Profits:
TP1= @ 65.05
TP2= @ 66.00
TP3= @ 66.73

SL= Break below S2
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Comments

Great analysis!
+2 Reply
ForecastCity Kristalyn
@Kristalyn, Thanks a lot
Reply
strong idea! ;)
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Thank you
Reply
Good analysis as usua
+2 Reply
ForecastCity Shiva_forex
@Shiva_forex, Thanks
Reply
I've learned so much just by following your ideas. 🥰🙏🥰🙏🥰🙏
+1 Reply
@fxniki, It's our pleasure. thanks for following us.
Reply
toward the MARS!
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your comment.
Reply
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