NZDJPY H4 LONG PRICE ACTION FORECAST -UPDATE-

48
Price action fund rejection from the strong level drawn from W1 timeframe, being able to manage a breakout from the trend line, and retest of the level changed the reading of the previous post from a short-entry to a renewed long position.

The pair bullishness is supported not only by the price structure but the MACD and smooth sloping up from the 200MA

The order:
Type: buy-limit
S/L: 68 pips - R:R | 1:2.4
T/P: aiming towards the resistance trendline

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