NZDJPY has given a good breakout from long term Channel pattern and Now it is at resistance 1 ,which is very crucial level for further trend extension . if it breakout if resistance 1,there is more upside movement is left in NZDJPY. if it fails to breakout of resistance 1 then we might see downside towards the support 1 and support 2. one can trade for long side with proper risk management and stop loss.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.