Hello,
The NZD/JPY is currently in a state of indecision, with many sellers contributing to a potential continued bearish movement. However, if the 1M pivot point (PP) holds as support, we could see a continuation of bullish movement. If the support fails, there may be further testing before the bulls regain control. The outcome largely depends on the market's reaction to the 1M PP. It's important to remember that the long-term trend remains strongly bullish.
TradeWithTheTrend3344
The NZD/JPY is currently in a state of indecision, with many sellers contributing to a potential continued bearish movement. However, if the 1M pivot point (PP) holds as support, we could see a continuation of bullish movement. If the support fails, there may be further testing before the bulls regain control. The outcome largely depends on the market's reaction to the 1M PP. It's important to remember that the long-term trend remains strongly bullish.
TradeWithTheTrend3344
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.