Home About the company Daily reviews NZD/JPY Trading Analysis (21/08/2024)

NZD/JPY Trading Analysis (21/08/2024)

21.08.2024

Market Review

The trend is downward. The currency pair is trading in the range between 365 and 135 EMA. The ascending truncated wave structure finished with the breach of the pivot 2 of the wave C. There is a bearish divergence on the Awesome Oscillator.

NZD/JPY Forex price chart

Trading idea:

  • Buy at the breach of 89.180.
  • Stop-loss at 90.230.
  • Target price levels at 88.000 and 87.000.


#nzdjpy #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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