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Tuesday, July 20, 2021

NZD/JPY Technical Analysis.

NZD/JPY Technical Analysis.

Hello traders, NZD/JPY is trading at 75.68. The price is moving in a downward resistance and support channel, after touching support level it can retrace back to its resistance level . The entry price for the pair is at 76.22, target price is at 77.15 and stop loss price is at 75.48.

Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.

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Thank you,

Rishikesh Lilawat

from TradingView Ideas
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