NZDJPY Short
#WaveAnalysis
#NZDJPY reversed from resistance level 88.00
Likely to fall to support level 87.20
NZDJPY currency pair recently reversed down after the pair failed to keep the ground above the key resistance level 88.00 (former multi-month high from last December).
The downward reversal from the resistance level 88.00 stopped the 2 of the earlier upward impulse waves – C and (iii).
Given the overbought daily Stochastic, NZDJPY can be expected to fall further toward the next support level 87.20 (former top of the previous impulse wave A).
#NZDJPY reversed from resistance level 88.00
Likely to fall to support level 87.20
NZDJPY currency pair recently reversed down after the pair failed to keep the ground above the key resistance level 88.00 (former multi-month high from last December).
The downward reversal from the resistance level 88.00 stopped the 2 of the earlier upward impulse waves – C and (iii).
Given the overbought daily Stochastic, NZDJPY can be expected to fall further toward the next support level 87.20 (former top of the previous impulse wave A).
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.