The_Pip_Trader

nzdjpy short analysis

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OANDA:NZDJPY   紐元 / 日圓
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

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