The current outlook for NZDJPY suggests that the price is likely to decline. This bearish potential is supported by candlestick pattern confirmation, signaling further downside pressure. Additionally, the pair is trading at an overbought level, increasing the likelihood of a reversal to the downside.
Trading Recommendation:
- Sell NZDJPY
- Entry: 87.925
- Take Profit: 87.608
- Stoploss: 88.158
*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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