nzdjpy short analysis

NZDJPY
Break below 89.640 weekly support and price made a retest at what is now 89.640 weekly resistance. a bearish engulfing candlestick on the 4h and 1h is confirmation to go short. Also the 61.8% Fibonacci retracement level at 89.640 weekly resistance is a strong confluence
1h4h618 Fibonacci RetracementbreakandretestChart PatternsDaily ChartsNZDJPYnzdjpyshortTrend AnalysisWeekly Charts

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