NZDJPY is correcting after the support breakout. The purpose of such correction is to provoke bullish liquidity before the fall. There is a magnet on the market - liquidity in the zone 85.08 - 85.27. False breakout will return the market to the downward phase
Scenario: growth to local resistance, retest of the zone 85.08 - 85.27, false breakout, consolidation below 85.08 and continuation of the fall. Target - support and order-block 84.2
Scenario: growth to local resistance, retest of the zone 85.08 - 85.27, false breakout, consolidation below 85.08 and continuation of the fall. Target - support and order-block 84.2
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❤️ Telegram channel: t.me/AndeWave
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