NZDJPY- Bullish Idea
The exogenous and endogenous factors are decreasing but leading economic indicators are increasing for the pair NZDJPY. Seasonality also supports the idea that NZDJPY will be bullish in the last week of November and the first week of December. The Monthly currency heat map also suggests that November is bullish for NZD and Bearish for JPY.
Technicals show that NZDJPY is consolidating after making a bullish divergence at 1H. Look for the entry if it breaks above the range.
Technicals show that NZDJPY is consolidating after making a bullish divergence at 1H. Look for the entry if it breaks above the range.
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