NZD/JPY Technical Analysis! BUY!

٢٣ يوليو ٢٠٢٣

My dear subscribers,
This is my opinion on the NZD/JPY next move:
The price is coiling around a solid key level - 87.454
Bias - Bullish

Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Target - 87.932
Safe Stop Loss - 87.191

About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK