NZD/JPY is currently expected to move higher. Previously, the pair reached an oversold level, and now price action indicates signs of recovery with upward momentum.
This bullish potential is further supported by candlestick confirmation and an upward trendline, both signaling a continuation of the bullish outlook.
Recommendation:
- Buy NZD/JPY
- Entry: 87.435
- Take Profit: 87.782
- Stop Loss: 87.224
*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.
The best investment is an investment in knowledge. Start your journey to trading success with a Masterclass Trading Webinar every Friday. Join now!