NZDJPY, DailyWe can see a neatly formed ascending triangle pattern, with resistance at 79.2. I am now looking for price to either reach the trend line, then show price action confirmations of a rejection, and then enter and hold for a bullish breakout. Conversely, we can also wait for price to break the resistance level, then look to enter on the retest of this level once we see confirmations of 79.2 being a new support level.
NZDJPY Deep Dive:
https://a1trading.com/nzdjpy-120521/
