On the daily time frame NzdJpy has broken out of the upper range. This provides us a nice buying opportunity.
When looking at the Stoch Rsi indicator it shows that there is a lot of buying pressure and the Adx indicator shows that there's a strong bullish trend.
Take Profit: 79.16 the 1st resistance area. Might hold for futher.
Stop loss: 76.70
When looking at the Stoch Rsi indicator it shows that there is a lot of buying pressure and the Adx indicator shows that there's a strong bullish trend.
Take Profit: 79.16 the 1st resistance area. Might hold for futher.
Stop loss: 76.70
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