NZD/JPY is in a overall downtrend.
Price has completed its pullback phase to a key supply area and has created bearish divergence.
I expect price to drop to the next support level which was the previous low it created. (green line).
I am aiming to make 300-400 pips
Price has completed its pullback phase to a key supply area and has created bearish divergence.
I expect price to drop to the next support level which was the previous low it created. (green line).
I am aiming to make 300-400 pips
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.