Dear Traders, The NZD/JPY is bullish. It’s a bit slow pair with only 39 pips of the ATR(5) so patience is needed for any trades that happen. 69.00-10 is
Dear Traders,
The NZD/JPY is bullish. It’s a bit slow pair with only 39 pips of the ATR(5) so patience is needed for any trades that happen.
69.00-10 is the POC zone. We could see a bounce up due to different bullish confluence which add to overall signal. Bullish order block, ascending trend line, bullish hammer off support and re-entry dot indicating oversold price on 4h. Targets are 69.50 and 69.95. Ideally the price should stay above 68.70.
The analysis has been done with the CAMMACD.MTF template.
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Many green pips, Nenad Kerkez aka Tarantula FX
Elite CurrenSea
