It is still on downtrend on daily time frame. it is back from a smooth retracement and my TP is 0.95909. My trades are usually based on daily time frame.
My short position for NZDJPY hits exactly my target around 83.576 and it is critical support level . Coming next week, it could be a it reverse to around 84.471 and then it will be further down to the till 80.082, but it still needs a lot of further confirmations. My entry is generally based on H4 and daily timeframe.
I expect that Price will reach to the support level, around 83.576 and it is critical value level. Around 83.576, it could be further down opportunity for long term holder based on daily level and need to wait and check more confirmation.
It is just simply based on support and resistance
