NZD/JPY. Longs are possible if NZD breaks the trend line
There are several tips which are showing that NZD could rise against JPY.
1. There is a gap which has not been closed (6-th May)
2. MACD lines are approaching each other
3. Parabolic SAR is ready to reverse
Technically the pair is moving sideways (flat). But there can be a breakthrough up.
1. There is a gap which has not been closed (6-th May)
2. MACD lines are approaching each other
3. Parabolic SAR is ready to reverse
Technically the pair is moving sideways (flat). But there can be a breakthrough up.