the pair and as we can see from the chart is trading now above the level of 64.00 , so when ever the pair success in breaking 64.00 , that's mean the down trend will be assured and the pair might head to 63.70 and then 63.40
the pair and as we can see from the chart is trading now above the level of 64.00 , so when ever the pair success in breaking 64.00 , that's mean the down trend will be assured and the pair might head to 63.70 and then 63.40
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NZDJPY
Market trend
SELL
Pivot Point 66.44
Support 1 ___ ,, 65.88
Support 2 ___ ,, 65.09
Support 3 ___ ,, 64.53
Resistance 1 ___ ,, 67.23
Resistance 2 ___ ,, 67.79
Resistance 3 ___ ,, 68.58
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We would remind you that the New Zealand Dollar – Japanese Yen pair is considered to be one of the best currencies to hold for a long position because of the fundamental differences in the interest rates
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Emaan14 (2020-05-27)
the pair may be heading up to potentially form an Ending Diagonal (ED). If this happens, look for it to test the trendline drawn in the chart below.
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A longer conflict could also be a drag on US growth. In the short term, however, the dollar could be in greater demand, if international investors decide to stock up on dollar liquidity in order to be prepared for potential disruptions in the money market, or if short dollar positions are closed to reduce risks.
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the buy opportunities presented by this pair are, from a daily point of view preferable, over all other opportunities.
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NZDJPY look much better and have a cleaner sentiment connection. I'm looking at 83 and 66.60 as support levels respectively. If there is a short-term rebound in risk to offer some relief to the recent heavy selling
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Today market trend is: Perfect for ßuy
All indicators tell us about market up so we want do the trading in buy
Resistance and Support points going for up
Always before trading see the trend of market and then do the trading
Forex trading give us a golden chance for make a rich
Keep confidence own you and learn about Forex trading for become a expert trader
GooD LucK For Become Millionaire
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The NZDJPY it’s trading in a bullish market condition. It traded in a medium term range between 64.43 and 67.30, but earlier this morning the NZDJPY broke through an important LT resistance level triggering a bullish market condition:
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it looks like the pair may be heading up to potentially form an Ending Diagonal (ED). If this happens, look for it to test the trendline drawn in the chart below.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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