In Nzd/Jpy it looks like there is a perfect setup for a break above 90
A daily channel up is recognized by the pattern recognition tool
and Fibonacci expansion on weekly and daily timeframe indicates a target of around 91 next month
First lets take a look at the weekly chart:
First of all we see the weekly trendline that I have drawn that is supporting price action up
and providing support on dips in Nzd/Jpy
This price action up is also supported by a strong RSI14 weekly of close to 60
If we dra…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –