DeGRAM | NZDJPY bearish opportunity in the channel

FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY dropped from the resistance in the descending channel.

Price broke and closed below the 87.000 psychological level. The market is pulling back to retest it.

We expect a bearish move from the confluence zone where we have resistance, a fibo level of 61.8%, and dynamic resistance as well as a channel border.


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