NZDJPY a potential re-test ?

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Hello traders, we can see that the NZDJPY failed to follow the downward divergence last week and we can see that there is a second diversion on the 1-hour timeframe which may indicate weakness in the bullish movement or at least a probable re-test of the previous resistance, and get support from there.

Looking at the 4 hours timeframe we can see that the price has reached a tough resistance area and broke through it, wait for any signs after re-testing that "broken resistance line'.

BE CAREFUL with the news on June 22 on the JPY ( inflation rate )

Keep it up, and trade safely

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.