NZDJPY looks exhausted to me!
the pair has recently formed a head and shoulders pattern
and currently, it is in an attempt to break the rising channel.
pay close attention to 71.0 horizontal neckline
and sell the market after its breakout.
target levels will be:
70.65
70.20
stop will be at least above the right shoulder!
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✅Join My Telegram Channel: t.me/VasilyTrading
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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Related publications
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.