The NZD/JPY pair is currently expected to move higher. This bullish outlook is supported by candlestick confirmation as well as the continuation of the upward trendline, indicating sustained buying momentum.
Additionally, the formation of a swing low further strengthens the bullish bias, suggesting a strong potential for upward movement in the short term.
Recommendation:
- Buy NZD/JPY
- Entry: 86.611
- Take Profit: 86.903
- Stop Loss: 86.415
*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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