DeGRAM

NZDJPY +90p. trade done! \ Next goal - fall

Short
FOREXCOM:NZDJPY   New Zealand Dollar / Japanese Yen
My last signal brought us +90 pips profit!
The price has shown good growth.
Now she has come to a strong zone of resistance. This is the intersection of two resistance lines. One of them has been running since December 2020 (almost a year).
During this time, the price had only one breakout of this line. But then she again returned to her limits. All other times - the line changes the price direction.
Plus, it is crossed by another less strong resistance line (since July). It is also the upper limit of the ascending channel.
This is a strong resistance zone and the price will not be able to break it.
I expect the price to fall.
The target is the support line (and the lower channel line).

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