NZD/JPY is currently expected to extend its bullish movement. This outlook is supported by the formation of a swing low and candlestick confirmation, both of which strengthen the case for upward momentum based on technical analysis.
With these signals, NZD/JPY is likely to continue moving toward the nearest resistance level.
Recommendation:
- Buy NZD/JPY
- Entry: 87.580
- Take Profit: 87. 990
- Stop Loss: 87.309
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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