NZD/JPY BULLS ARE GAINING STRENGTH|LONG
Trend Analysys
Chart patern
2024-08-10T06:05:12+00:00
Dear Investors,
The NZD/JPY pair is currently in a downtrend, as indicated by last week's red candle and the evident price decline on the 1H timeframe. After a retest of the support line below, I anticipate an upward move towards the target of 88.771, driven by the pair being oversold and its proximity to the lower Bollinger Band, suggesting a likely bullish correction.
Kindly like and comment on my ideas.
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