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DeGRAM
Aug 22, 2023 9:03 AM

DeGRAM | NZDJPY psychological level Short

New Zealand Dollar/Japanese YenFXCM

Description

NZDJPY is moving in the descending channel. The market has reached the major resistance level and psychological level 87.000.

The market created a pullback trading opportunity at resistance and the golden fibo level. 

We expect the price to pullback from the psychological level and go down from there.


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Share your opinion in the comments and support the idea with like. Thanks for your support!
Comments
ArmanShabanTrading
Interesting chart
SpartaBTC
The price is at the resistance of the descending trend channel. There is a high probability of price fall.
Mihai_Iacob
Interesting explanation, I support you and agree with your idea)
DeGRAM
Good luck in the markets and have a great one!
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