We have NZDJPY do a rally to the upside and the rested, we analize a previous down trend which made one first extension with its retracemente we are seeing now the second extension with its retracemente, that is why the Fibonnaci levels are set. SL below the consolidation aiming above the 61.8 level as a target
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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.