Hello, Traders. I have a strong probability that this pair, NzdJpy might be heading for upside as the momentum to the downside is diminishing. Price can push further to the downside but we are not interested in the move down, the move up is more likely to be expected with a better payoff risk to reward. Trade entry is given, and SL can be depend within your MM (money management), as usual don't forget to put trade into reak even once you get impulse. TP1 suggested 100 pips.
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If u like the analysis and want future chart updates, please do help share the charts and like my page. Tq.