NZDJPY Short Term Sell Idea Towards Key Support Zone
H4 - Bullish rally followed by bearish divergence.
Currently it looks like a correction is happening.
Price still has room lower towards the key support zone formed by the 38.2% - 50% fibonacci retracement zone.
H1 - Bearish trend pattern.
Expecting further continuation lower in the short term until the strong resistance zone holds.
Currently it looks like a correction is happening.
Price still has room lower towards the key support zone formed by the 38.2% - 50% fibonacci retracement zone.
H1 - Bearish trend pattern.
Expecting further continuation lower in the short term until the strong resistance zone holds.
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