NZDJPY - BULLISH BIAS

~ WEEKLY - Price has broken a strong S&R zone earlier this year and since then price has been ranging above that zone. This indicates that buyers are in control.

~ DAILY - We wait for price to pull back to the AOI which is a strong fib level, psychological level and most importantly, multiple rejections making it a strong support level.

Overall, I have a bullish bias based on - Weekly timeframe.

As price moves down to my level, I will wait for my confirmations across multiple timeframes and see how price reacts.


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