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NZD/JPY - Breakout Incoming !



Charts: 1 Day,1 Week.
Indicators:Fibonacci Fan Lines,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 83.05

NZD/JPY pair is on a potential massive breakout opportunity either to the upside or downside. Even though there is a an important congestion area at the current support which could be the start-up of a bullish breakout my guess is that won't happen.I belive from what i see in the chart that the price will break lower fan lines 50.00% of 1 week and mo
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NZDJPY - Bull Run Towards Resistance

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :81.26


NZDJPY had a long bullish run last year from the (58.04) price level to the (86.45) level. From there we can see the trend pulled back and retraced towards fibonacci retracement 38.20% (75.60) price level and now continue the bullish run in the attempt to reach the previous major resistance set at (86.45) to retest it. I predict th
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UPDATE 1 : The prediction is good, the trend movement is exactly as drawn respecting fan lines and moving in the channel between them. Target has been reached already .Current level is 82.90. The market will decide final target but probably it will be very close . This is a very good prediction .

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UPDATE 2 : Target has been reached already. Current price level is 83.00 With two more days to go the premises are very good.

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UPDATE 3: THe current price level is 83.37 but what is most important is the direction which is bearish and right on track as expected. The prediction is extraordinary and has a great level of quality. There are only 49 pips deviation from the target and until tommorow settlement there is enough time for this prediction to be meet.

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