NZDJPY D, multiple hits to support and resistance zone!
Take a look to the left and you will see that price has made multiple hits to this Daily support and resistance zone. If price comes back to this zone, drop to a a lower time frame and monitor for a reversal pattern to form before entering a sell. However, if price decides to break through this support and resistance zone, this can indicate that price wants to continue its bullish momentum. Wait for a retest before entering a buy.
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