🇳🇿 NZDJPY 🇯🇵 - Breakthrough of the structure for further gro
Updated
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
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