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NZDJPY Signals - 8th February 2023

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Signal Details
Entry Price: 
82.750
Take Profit: 
83.550
Stop Loss: 
81.900
Direction: 
Buy
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NZDJPY has been trading in a downwards channel for the last couple days. It has recently reached the lower limits of this channel and reached a daily level in the region of 82.750. We anticipate a bounce off of this level back to the top of this range in the region of 83.550.

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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.