Analysis on #NZDJPY

Looking at the chart you can see the NZDJPY broke its trend line support level and made a successful retest just to fall back again which makes me believe there is more room to the downside unless the market were able to close above the 76.63 level


>> If the market really falls to my weekly structure support zone near 75.40 where the market turned bullish and found a lot of buyers, I will then drop a one-time frame to look for a buying trade with a good risk to reward if the entry rules are met.

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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
NZDJPYsignalserviceSupply and DemandSupport and ResistanceTrend Lines

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