NZDJPY: continued movement in a bullish channel
The price has been in the upward trend since October 2020. It broke through it during the rally, but returned during the collapse in March 2021. Now the price bounced off the support at 78.25 and started to rise, but we can expect that the price will first octave, fix at the support at 78.33, and then rise to the resistance line at 80.33.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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.
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.