NZDJPY – Long market condition
The NZDJPY traded in a medium term range for about two weeks, however, earlier this morning the market decided to break the ST term resistance level, which triggered a bullish market condition:
As long as the NZDJPY keeps trading above 64.70 I will be looking for long opportunities. The next LT resistance level is at: 66.86
Tags: NZDJPY Analysis
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