empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

28.02.202319:06 Forex Analysis & Reviews: NZD/JPY attractive for buyers above 83.615

Exchange Rates 28.02.2023 analysis

NZD/JPY Upside Pressure!

The NZD/JPY pair jumped higher and now is trading at 84.38. As you can see on the H1 chart, the rate moved sideways above 83.61 confirming this level as a downside obstacle. The uptrend line represents a downside obstacle as well. So, as long as it stays above these levels, the currency pair should resume its growth.

The next upside target is represented by the 84.96 level (former high / historical level). As you can see on the H1 chart, the rate moved somehow sideways between 81.16 and 84.96. Staying near 84.96 could announce an upside breakout from this range.

NZD/JPY Trading Conclusion!

Testing and retesting 83.61 signaled an upside momentum. Passing and stabilizing above the 84.96 activates further growth and represents a buying opportunity.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.