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Dollar New Zealand / Yen Jepang
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NZDJPY approaching support, potential bounce!

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NZDJPY is approaching our first support at 76.82 (100% Fiboancci extension, 78.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 77.61 (horizontal overlap resistance, 38.2% fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
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Losses can exceed the initial investment so please ensure you fully understand the risks
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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Chart PatternsForexforexsignalforextradingHarmonic PatternsjpyNZDNZDJPYnzdjpylongnzdjpyshortTrend Analysis

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Chart PatternsForexforexsignalforextradingHarmonic PatternsjpyNZDNZDJPYnzdjpylongnzdjpyshortTrend Analysis
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.