NZDJPY POSSIBLE BEARS

2 thg 8, 2021

I had this pair analyzed the previous week when current Resistance now was still acting as Support but now it's broken it Resistance is valid on HTF's and looking closely we're obviously in a bearish momentum, i was able to plot a trendline in which the market has obviously broken on the Weekly and Daily TF respectively y 20 and 9 EMA is currently being rejected and obviously in support of my bearish bias.