• NZDJPY reversed from support level 71.60
• Likely to rise to 72.70
NZDJPY continues to rise inside the upward correction B, which started earlier from the strong support level 71.60 (former powerful resistance which has been reversing the price from February).
The active wave B belongs to the medium-term ABC correction (4) from the start of November.
Given the clear daily uptrend and the rising NZD bullishness – NZDJPY is likely to rise further toward the next resistance level 72.70 (top of the previous wave (3) and the target price for the completion of the active correction B).
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
EURJPY: ⬆️ Buy - EURJPY reversed from support area - Likely to rise to resistance…
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
Today is Monday, the 12th of January, and once again we will talk about the…
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
This website uses cookies