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NZDJPY Confirms Above Ichimoku Cloud and Triangle Chart Pattern
Right before the third and last presidential debate in the US, NZDJPY confirms above Ichimoku cloud while USD/JPY heads back towards the Ichimoku cloud. How can we put the politics and crowd psychology together to develop a winning trading strategy? Let's take an IDDA approach to find out. Technical Analysis - NZDJPY Confirms Above Ichimoku Medium Time Frame The NZD/JPY pair broke above the Ichimoku cloud and above a triangle chart pattern on the daily chart on Wednesday. This could signal further bullish moves towards medium-term target of 75.75; the 50% Fibonacci retracement level and an important resistance. The ... (full story)