NZDJPY Technical Outlook:
NZDJPY is currently under pressure, aligning with the broader global bearish trend. On the local scale, the pair is moving within a flat range, showing signs of a pre-downtrend consolidation near a key support level.
A false breakout has already occurred, suggesting that bearish momentum may be building. Price action indicates that a retest of the 85.400 support level is likely. A repeated test of this level typically increases the probability of a breakout to the downside, potentially initiating a continuation of the decline.
Key Technical Notes:
Resistance zone : 85.400
Major Support 84.200
Keep eye on the market how the price will react Keep support with like and comments for more better analysis Thanks.
NZDJPY is currently under pressure, aligning with the broader global bearish trend. On the local scale, the pair is moving within a flat range, showing signs of a pre-downtrend consolidation near a key support level.
A false breakout has already occurred, suggesting that bearish momentum may be building. Price action indicates that a retest of the 85.400 support level is likely. A repeated test of this level typically increases the probability of a breakout to the downside, potentially initiating a continuation of the decline.
Key Technical Notes:
Resistance zone : 85.400
Major Support 84.200
Keep eye on the market how the price will react Keep support with like and comments for more better analysis Thanks.
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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。