Navigating NZDJPY: Exploring Bullish ProspectsOANDA:NZDJPY is presently exploring the Point of Control Zone for this month, presenting a potential bullish opportunity. The strategy involves validating the market's response to this zone, anticipating a rebound towards the 90.800 highs.
Key to execution is monitoring volume dynamics, serving as a crucial entry signal. The volume's confirmation will provide insights into the market's consensus on the desired price direction.
My bullish bias for this market came from the Daily Chart that show a significant rejection on the 90.200 level. As always, remember to react, don't predict. Cheers