NZDJPY analysis

14.05.2021

Technical reviews

NZDJPY

The overall trend is upward. The currency pair is trading in an upward price channel. Stochastic Oscillator signals oversold conditions.

NZDJPY rate online: monitor the price movement in real time.

Trading idea:

Buy on the retest of the mirror level 78.36 (the lower border of the ascending price channel).

Stop Loss - 78.18.

Target levels - 78.80; 79.15.

 

Author: GC
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