NZDJPY is approaching resistance, potential reversal

Name: NZDJPY is approaching resistance, potential reversal
Uploaded: 2020-11-02T01:02:11.415416
Channel: FXCM
Description: Price is approaching our first resistance in line with our descending trend line where we could see a reversal below this level. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well.

Short

New Zealand Dollar / Japanese Yen (FX:NZDJPY)

Updated

FX:NZDJPY New Zealand Dollar / Japanese Yen

Trend Analysis Harmonic Patterns Chart Patterns NZDJPY NZD jpy

trendanalysis harmonicpatterns chartpattern nzdjpy nzd jpy

Price is approaching our first resistance in line with our descending trend line where we could see a reversal below this level. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well.

Comment:

NZDJPY is approaching resistance, potential reversal

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