NZD/JPY moving within an ascending channel. I believe it will make it's way down to test the zone of breakout on the daily chart.
Double top on the 4H and 2H chart is forming.
Reached top zone of the ascending channel band.
Price is currently at 0.618 fibonacci retracement zone from the previous bullish impulse peak.
Target is roughly the 0.5 fibonacci zone below, and the point of breakout on the daily.
Double top on the 4H and 2H chart is forming.
Reached top zone of the ascending channel band.
Price is currently at 0.618 fibonacci retracement zone from the previous bullish impulse peak.
Target is roughly the 0.5 fibonacci zone below, and the point of breakout on the daily.
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