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GoldPlusTrading

NZD/JPY - Forecast

Dolar New Zealand / Yen Jepun (FX:NZDJPY)  
GoldPlusTrading  
FX:NZDJPY   Dolar New Zealand / Yen Jepun
Trend Analysis Support and Resistance Candlestick Analysis NZDJPY nzdjpyforecast nzdjpysignal nzdjpyidea nzdjpyanalysis nzdjpybreakout
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trendanalysis supportandresistance candlestick nzdjpy nzdjpyforecast nzdjpysignal nzdjpyidea nzdjpyanalysis nzdjpybreakout
As you can see NZD/JPY recently broke above the consolidation/Ranging level. and has RETESTED it.

Now we need to see if this was a fake breakout or it will actually continue in Buy.

if it comes back in the consolidation range then it was a fake breakout BUT if it breaks above the previous structure at around 71.950 then it should continue going up till next resistance level which is at around 73.45.

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If you have a better idea or you disagree with me then please let me know in the comments

A Like would be appreciated.
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