1H Analysis on NZDJPY

8. Feb. 2023Hello traders. On this 1H analysis of NZDJPY, we have a falling wedge setup with a support level within the buy zone identified. There is good rejection from the support level and this area would be a good entry point for a long position. A good place where price may go next would be to the resistance level in the 83.800 region. A SL should be appropriately placed below the buy zone identified.

10. Feb. 2023

Trade wurde manuell geschlossen

Price came pretty closer to the projected target

13. Feb. 2023

Kommentar

Price eventually broke pass the projected target but not before coming close to our SL.