NZDJPY to drop deeper as the Bearish Flag formed + 144M vaccines
NZDJPY🇳🇿🇯🇵 UPDATE
Managed to secure +140 pips of profit on the pullback from the Resistance level. As we see the the 0.618 fibo level worked out , however the Bearish Flag was formed during the slight bounce and taking the recent contract for 144 mln of Pfizer vaccines for Japan into account (fxstreet.com/news/japan-concludes-contract-with-pfizer-to-procure-144m-doses-of-covid-vaccines-in-2021-202101200955) we can be quite optimistic for the further incline here.
Managed to secure +140 pips of profit on the pullback from the Resistance level. As we see the the 0.618 fibo level worked out , however the Bearish Flag was formed during the slight bounce and taking the recent contract for 144 mln of Pfizer vaccines for Japan into account (fxstreet.com/news/japan-concludes-contract-with-pfizer-to-procure-144m-doses-of-covid-vaccines-in-2021-202101200955) we can be quite optimistic for the further incline here.
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