Clean NZDJPY analysis explained
This will be a great buying opportunity in my opinion. I can see it creating a uptrend after touching the lower trendline so it might go all the way up to the trendline above. It made a selling opportunity 9 days ago making it seem like it would begin to make a downtrend, but it went back to making an uptrend 2 days and 16 hours ago. Right now it's down at support and will have a good chanse to go up to resistance.
Note
Just noticed the "potential higher high" will actually be above resistance level if it make it that far.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.