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NZD/JPY Signal - Seasonal Data - 19 Oct 2021

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Signal Details
Entry Price: 
81.30
Take Profit: 
82.40
Stop Loss: 
80.70
Direction: 
Buy
How we trade
Average: 5 (1 vote)

NZDJPY is trending to the upside today, and there is a strong bullish seasonal tendency in play at the moment. Technically the pair is holding well above the support trendline and price has bounced from the 80.70 support. We anticipate this move to continue into the 82.40 resistance.

Submitted by Toni H. on Tue, 19 Oct 2021 04:09:41 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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