NZD/JPY: POSSIBLE BREAK OUT
Hello Traders!
Regarding NZD/JPY, we can note that the two indicators used to analyze this currency pair are good:
- MACD line is ABOVE the SIGNAL line -> uptrend incoming
- RSI shows no overbought signals
- Huge bullish candle confirms our bullish thoughts
I think that the price will break out and touch the new resistance. We cannot exclude a further increase so keep an eye on it!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
Regarding NZD/JPY, we can note that the two indicators used to analyze this currency pair are good:
- MACD line is ABOVE the SIGNAL line -> uptrend incoming
- RSI shows no overbought signals
- Huge bullish candle confirms our bullish thoughts
I think that the price will break out and touch the new resistance. We cannot exclude a further increase so keep an eye on it!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
💥 Free signals and ideas ➡ t.me/vfinvestment
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