From TradingView · · 30s
NZDJPY Bounce at Support
NZD/JPY rebounds after strong support level.
In brief
NZD/JPY rebounds after strong support level. NZD/JPY bounced off 89.06 support aligned with 61.8% Fibonacci retracement, targeting 90.33 with stop loss at 88.35. Originally reported by TradingView.
Bullish bounce
NZD/JPY bounced off support level aligned with 61.8% Fibonacci retracement.
“Bullish bounce at strong support?”
Entry and stop loss
Entry: 89.06, Stop loss: 88.35.
Take profit target
Take profit: 90.33, Why we like it: Pullback resistance level.
The one thing
NZD/JPY bounced off 89.06 support aligned with 61.8% Fibonacci retracement, targeting 90.33 with stop loss at 88.35.
