🇳🇿 NZDJPY 🇯🇵 - Breakthrough of the structure for further gro
The currency pair is breaking the structure and preparing for further growth. The target at the moment is the resistance 93.4. The bullish trend, as well as the weak yen favorably influences the New Zealand dollar.
Reasons for further growth:
1) Correction phase ends in an area of strong liquidity
2) False support breakout
3) Consolidation relative to PDH
4) Bullish trend
Reasons for further growth:
1) Correction phase ends in an area of strong liquidity
2) False support breakout
3) Consolidation relative to PDH
4) Bullish trend
Trade active
retest
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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.
❤️ Telegram channel: t.me/AndeWave
Related publications
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.