Mulakan
Tickmill

NZDJPY approaching resistance, potential drop!

Singkat
Dolar New Zealand / Yen Jepun (FX:NZDJPY)  
Tickmill Broker  
FX:NZDJPY   Dolar New Zealand / Yen Jepun
Trend Analysis Harmonic Patterns Chart Patterns NZD jpy NZDJPY nzdjpylong nzdjpyshort Forex forextrading forexsignal
38
0
trendanalysis harmonicpatterns chartpattern nzd jpy nzdjpy nzdjpylong nzdjpyshort forex forextrading forexsignal
NZDJPY is approaching our first resistance at 77.83 (Horizontal swing high resistance, 61.8% and 50% fibonacci retracement, 100% fibonacci extension and a decreasing channel resistance) and a strong drop might occur pushing price down to our major support at 75.44 (Horizontal pullback support, 61.8% fibonacci extension, 50% fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance and also showing bearish divergence. Hence, we might see a corresponding drop in price should it reverse off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.