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Fahim-ahmed
15 dec 2021 05:55

NZDJPY Lång

FX:NZDJPY1D
New Zealand Dollar/Japanese YenFXCM

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The basic concept of the chart is Dow theory and it suggests that HH HL is in play based on that we can easily say that a long position should be taken and the first target is 83. Also, stop loss should be applied on the dark green line.

RSI also suggests a highly oversold position.
Chart PatternsTrend AnalysisnzdjpylongNZDJPYnzdjpyanalysisnzdjpyideanzdjpysetup
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