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NZD/JPY Signal - NZD ANZ Activity Outlook - 17 Dec 2021

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Signal Details
Entry Price: 
77.264
Take Profit: 
78.400
Stop Loss: 
76.500
Direction: 
Buy
How we trade
Average: 5 (1 vote)

NZD/JPY is trading to the upside today prior to the ANZ Activity Outlook data, which is designed to provide a snapshot of business opinions regarding the expecting future state of their business and the New Zealand economy overall. Technically the pair has broken to the upside of the resistance trendline and has performed a retest pattern. We anticipate upside to continue today into the 78.40 level.

Submitted by Toni H. on Thu, 16 Dec 2021 23:59:17 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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