NZDJPY IDEA

6 בדצמ׳ 2021

NZDJPY formed a bearish structure on the 30mins time frame. The price tapped the trend line on the bottom of the structure @76.000 created an LL then moved upward back to the top of the structure. I expect the price to tap the trendline on the top of the structure @ 76.600 and continue the down move to create a new LL. But if the top trend line is broken then the price could likely hit the supply zone @77.600.
Disclaimer: Note financial advice.