Buy NZD/JPY Bullish Channel

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The NZD/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.

Key Points:

Buy Entry: Consider entering a Long position around the current price of 90.80, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 91.49
2nd Support – 91.92

Stop-Loss: To manage risk, place a stop-loss order below 90.35. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

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Best Regards, KABHI FOREX TRADING
Thank you.
トレード稼働中
Take Entry now
トレード終了: 利益確定目標に到達
スナップショット
トレード終了: 利益確定目標に到達
スナップショット
beyondtechnicalanalysischanneltrendChart Patternsfundamental-analysisTechnical IndicatorsjpyNZDNZDJPYnzdjpylongsupply_and_demandsupportandresistancezonesTrend Analysis

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