The NZD/JPY pair is currently expected to move lower. This bearish outlook is supported by candlestick confirmation, the formation of a swing high, and a shift in trend direction from bullish to bearish. These technical signals indicate a significant potential for downside movement in the near term.
Recommendation:
- Sell NZD/JPY
- Entry: 87.100
- Take Profit: 86.772
- Stop Loss: 87.317
*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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