We can see the price approaching the downtrend on NZD/JPY on the daily timeframe.
Looking to see how the price reacts to the marked area of resistance around the 86.500 area and the trendline.
Potential swing sell situation with a target around the 83.826 area.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
Looking to see how the price reacts to the marked area of resistance around the 86.500 area and the trendline.
Potential swing sell situation with a target around the 83.826 area.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.