ForecastCity

Don't miss the great buy opportunity in NZDJPY

Largo
FX:NZDJPY   Dólar neozelandés/Yen japonés
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.61). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.

Take Profits:
TP1= @ 69.57
TP2= @ 69.76
TP3= @ 70.43
TP4= @ 71.13
TP5= @ 71.65

SL= Break below S2

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