NZD/JPY Trading Opportunity! BUY!

21 ביולי 2023

My dear subscribers,
This is my opinion on the NZD/JPY next move:
The asset is approaching an important pivot point 87.48
Bias - Bullish

Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Target - 89.00
My Stop Loss - 86.39

About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK