On the daily time frame NzdJpy has broken out of the upper range. This provides us a nice buying opportunity.
When looking at the Stoch Rsi indicator it shows that there is a lot of buying pressure and the Adx indicator shows that there's a strong bullish trend.
Take Profit: 79.16 the 1st resistance area. Might hold for futher.
Stop loss: 76.70
When looking at the Stoch Rsi indicator it shows that there is a lot of buying pressure and the Adx indicator shows that there's a strong bullish trend.
Take Profit: 79.16 the 1st resistance area. Might hold for futher.
Stop loss: 76.70
Trade active
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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.
Disclaimer
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.