NZDJPY has to test Higher again
NZDJPY is at the moment in strong trending movement. Our expectation for price is to wait, till sellers move price downward to possible strong support level at 71.216.
if price will not test support level, then buying curiousity is above sellers first shooting perioud. This is above second resistance level at 72.506
Everything between 72.085 and 72.506 we are not interested in this spot because it's too risky to trade. This is just neutral spot where trending has to make decision, whether we are going to continue long or short.
If you need better understanding and clear entry spots, you can join our free suggestion room and find the link on the website.
Best trading
ELITEFXACADEMY
if price will not test support level, then buying curiousity is above sellers first shooting perioud. This is above second resistance level at 72.506
Everything between 72.085 and 72.506 we are not interested in this spot because it's too risky to trade. This is just neutral spot where trending has to make decision, whether we are going to continue long or short.
If you need better understanding and clear entry spots, you can join our free suggestion room and find the link on the website.
Best trading
ELITEFXACADEMY
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.