NZDJPY | Buy on Breakout

NZDJPY has been trading under falling resistance (white line). The price made a swing low of 79.500 where bulls made entry and push the price higher.

Currently, the pair is trading at important level of fib 38% where both horizontal resistance and falling resistance meet.

For Bulls, the price is already trading above 100 EMA. We just need closing above fib golden numbers to push the price in good bullish trend.

Trade your levels accordingly.