💡Hello everyone, NZDJPY chart analysis The price broke below the lower trend line of the ascending channel. This is marked as a "Broken channel", indicating a possible change in trend. MACD indicator We notice that the momentum has turned red, which confirms the selling pressure. We move to a lower time frame and look for a selling opportunity⬇️
⛔️It is not investment advice, for educational purposes only
⛔️It is not investment advice, for educational purposes only
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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.
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.