The current outlook for NZDJPY suggests a bearish bias. This downside potential is supported by the formation of a double top chart pattern, along with a candlestick confirmation that strengthens the likelihood of continued bearish movement. Based on this technical setup, the probability of further decline remains high.
Trading Recommendation:
- Sell NZDJPY
- Entry: 86.558
- Take Profit: 86.169
- Stoploss: 86.829
*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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