NZDJPY Technical Analysis:
The NZDJPY is currently testing a key resistance zone within the context of a broader global downtrend. Despite recent bullish attempts, the pair does not yet appear ready to sustain upward momentum, suggesting a potential local reversal pattern may be forming.
Resistance Zone: Price is struggling to break convincingly above the 88.500 level, indicating this area may act as a strong supply zone.
Support Levels to Watch:
First key support: 85.000
Second Key support: 84.000
Outlook: If the price fails to hold above 88.500 and confirms the reversal pattern, a decline toward 85.000 and potentially 84.000 could follow in line with the prevailing downtrend.
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The NZDJPY is currently testing a key resistance zone within the context of a broader global downtrend. Despite recent bullish attempts, the pair does not yet appear ready to sustain upward momentum, suggesting a potential local reversal pattern may be forming.
Resistance Zone: Price is struggling to break convincingly above the 88.500 level, indicating this area may act as a strong supply zone.
Support Levels to Watch:
First key support: 85.000
Second Key support: 84.000
Outlook: If the price fails to hold above 88.500 and confirms the reversal pattern, a decline toward 85.000 and potentially 84.000 could follow in line with the prevailing downtrend.
Thanks for supporting and also share your opinion in comments Thanks for understand.
交易進行
soon we get First Target
交易結束：目標達成
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Join My telegram Channel
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Free Forex Signals
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t.me/+H8GlkRY1oZVkNTJk
Free Forex Signals
t.me/Asher_Trader01
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。