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NZD/JPY BUYERS WILL DOMINATE THE MARKET|LONG

Long
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
EliteTradingSignals  
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis NZDJPY LONG buy trading Bullish Patterns Forex forecast techincalanalysis Contains image
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trendanalysis chartpattern waveanalysis nzdjpy long buy trading bullish forex forecast techincalanalysis containsimage
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Hello,Friends!

NZD/JPY is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 91.058.

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