Hello,
The short-term trend for
NZDJPY is bearish, while the long-term trend remains bullish. If the 1M pivot point (PP) holds as support, it will reinforce the long-term bullish outlook. However, if the 1M PP acts as resistance in the future, it could signal a potential shift toward bearish territory. Currently, the pair maintains its bullish stance, having recently found support above the 1M PP. This is a positive signal, suggesting that further bullish movement may be on the horizon if the conditions align.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
The short-term trend for
NZDJPY is bearish, while the long-term trend remains bullish. If the 1M pivot point (PP) holds as support, it will reinforce the long-term bullish outlook. However, if the 1M PP acts as resistance in the future, it could signal a potential shift toward bearish territory. Currently, the pair maintains its bullish stance, having recently found support above the 1M PP. This is a positive signal, suggesting that further bullish movement may be on the horizon if the conditions align. No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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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.