Hello, fellow traders,
Let's take a look at NZDJPY, that is drawing lower highs moving closer and closer to its current support.
It is reasonable to expect a breakout and then short after the pullback. Targets can be seen on the chart.
The new support is the final target, as it is a new horizontal support area, as can be seen on a cart above.
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It is reasonable to expect a breakout and then short after the pullback. Targets can be seen on the chart.
Thank you for reading. Like, subscribe and comment.
Wish you a nice evening!
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