NZD/JPY Trading Analysis (23/04/2025)
The bulls tested the resistance level at 85.230. The pair is trading between 365 and 135 EMAs. The rising wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
- Sell when the formation of the downward wave structure, …