The NZDJPY pair has broken the bullish trendline, signaling a possible shift in momentum.
Key Observations:
Price rejected the 87.720 resistance level
Clear break and close below the trendline
Pullback expected before continuation down
Targets:
📉 First support: 84.232
📉 Final support: 80.039
🔄 A retest of the broken trendline or horizontal resistance could offer a clean short entry opportunity.
Bearish Bias remains valid unless price reclaims and closes above 87.720.
💬 What do you think? Is this the start of a deeper correction for NZDJPY?
📈 Drop your thoughts and let’s discuss!
#NZDJPY #Forex #PriceAction #TrendlineBreak #TechnicalAnalysis #TradingView
Key Observations:
Price rejected the 87.720 resistance level
Clear break and close below the trendline
Pullback expected before continuation down
Targets:
📉 First support: 84.232
📉 Final support: 80.039
🔄 A retest of the broken trendline or horizontal resistance could offer a clean short entry opportunity.
Bearish Bias remains valid unless price reclaims and closes above 87.720.
💬 What do you think? Is this the start of a deeper correction for NZDJPY?
📈 Drop your thoughts and let’s discuss!
#NZDJPY #Forex #PriceAction #TrendlineBreak #TechnicalAnalysis #TradingView
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📢Join my telegram channel daily free signals VIP group available daily signals 2/3 confirm join VIP group accuracy 85%
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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.
🔥Join Telegram Channel For Free
t.me/Jamespipster
📢Join my telegram channel daily free signals VIP group available daily signals 2/3 confirm join VIP group accuracy 85%
🔥Join Telegram Channel For Free
t.me/Jamespipster
t.me/Jamespipster
📢Join my telegram channel daily free signals VIP group available daily signals 2/3 confirm join VIP group accuracy 85%
🔥Join Telegram Channel For Free
t.me/Jamespipster
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.