Lingrid | NZDJPY price CORRECTION. Short TRADE Opportunity

31 Oca

NZDJPY market has pulled back after retesting the support level, but overall the price is making lower lows and lower closes, indicating bearish dominance. The recent pullback against the major trend presents an opportunity to short the market. The price is currently testing the consolidation zone, which often acts as both support and resistance, and I expect the price to drop from this resistance zone and also from the upward trendline. My goal is support zone around 86.800

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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