NZDJPY ANALYSIS Short

NZD/JPYOANDA

Description

⋅ Jun 8, 2021 10:42 AM

NZDJPY rebounded from downtrend line
price below key level around 79.20
price also below SMA 100
MACD start bearish momentum
RSI broke uptrend line below 50
so its expect bearish movement to support level around 77.60

Comments

hashtrading

⋅ Jun 16, 2021 6:03 AM

on H4 doesn't it look like a falling wedge now?

MarcellusLUX

⋅ Jun 8, 2021 12:19 PM

Your analysis is very helpful :)

MMFXSignals

⋅ Jun 8, 2021 2:22 PM

@SensibullTrading, thnx mate