NZD/JPY analysis, trading idea, and chart

The trend is ascending. The mirror level 84.00 holds the sellers. There is a bullish divergence on the Awesome Oscillator. The breaching of 85.31 will form the ascendant wave pattern.

Trading idea:

Buy when 85.31 is breached.

Stop Loss: 84.00.

Target levels: 86.50; 87.17.

Author: GC
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