NZD/JPY could bounce off the prev-resistance/now-support zone
The bounce will align with the 50% Fibonacci level.
This is an example of position trading. For a more short-term trading, we could aim for an ascend to the 38.2% Fib level and take 50% profit there.
This is an example of position trading. For a more short-term trading, we could aim for an ascend to the 38.2% Fib level and take 50% profit there.