NZDJPY ANALYSIS Short

NZD/JPYOANDA

Description

⋅ Jan 7, 2022 12:24 PM

NZDJPY broke uptrend line
price formed bearish head and shoulders pattern
price below SMA 100
MACD shows the weakness of bullish momentum
RSI below 50
So it's expected bearish movement to support level around 76.90 then to demand zone around 76.00

Comments

Solldy

⋅ Jan 11, 2022 7:43 AM

Great chart.

MMFXSignals

⋅ Jan 11, 2022 1:00 PM

@Solldy, thnx mate

MMBTtrader

⋅ Jan 7, 2022 3:12 PM

price can fall more

MMFXSignals

⋅ Jan 10, 2022 9:15 AM

@MMBTtrader, let's see