NZDJPY: Range Trading Movement

Wait 5 sec.

NZDJPY: Range Trading MovementNew Zealand Dollar/Japanese YenFX:NZDJPYKlejdiCuniNZDJPY: Range Trading Movement Currently, NZDJPY is moving within a well-defined trading range. The price has been moving between 93.30 and 92.25 for about 8 days, indicating that the price is not ready for a move. Earlier today, NZDJPY tested the resistance area and NZDJPY seems to be ready for a downtrend. It is thought that it may rise a little more before the downtrend begins. The main target for us is 92.25 or the support area. You may find more details in the chart. Thank you and good luck! 🍀 ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️