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NZDJPY January, 27 2020
Overview:
We notice on the chart above that the pair is trading at the strongest support level around 0.6550 and the bullish trend line, which enhances the chances of the rise during today's trading
Expected:
We see that if trading continues above the aforementioned support levels, this pair may push up to 0.6660 during today's trading
Alternative Scenario:
On the other hand, we see that if the aforementioned support levels are broken, the pair could be pushed down to 0.6500
| Resistance | 0.6650 | 0.6660 | 0.6690 |
| Support | 0.6550 | 0.6500 | 0.6450 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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