Here's my weekly analysis for NZDJPY (04/11/19 - 08/11/19)
The previous week ended on a bullish trend, price has gotten to 69.913 & there appears to be a price rejection in that area. The possibilities of the bears taking effect from the 69.913 point downward would signify a loss in strength of the bulls with the bears gaining strength. If this happens then I'd be expecting price to drop to the 69.40 region and further downwards to the 69.02 region.
Not
Else if the bulls are strong enough to break past the 69.913 region then I'd be expecting the bulls to take effect up to the 71.366 region.
Feragatname
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