New Zealand Dollar / Japanese Yen

Long

NZDJPY: Classic Trend Following 🇳🇿🇯🇵

By VasilyTrader

Updated

snapshot

After NZDJPY set a new higher high higher close on a daily,
the pair has retraced.

Currently, the market is trading around a previous daily high.
On that, the price formed an inverted head and shoulders pattern.
With the last hourly candle close, the market violated a horizontal neckline.

Now I expect growth.

Goal - 80.15

Note

Check my new idea on NZDCHF:

NZDCHF: Bearish Continuation 🇳🇿🇨🇭

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