NzdJpy to break support?Since February, NzdJpy has had 6 attempts to stay above 79 figure and failed every time.
Now the pair broke under trendline support and is trading just in horizontal support level around 78
A break here would give bears the upper hand and would expose 76 support.
NzdJpy back above 79 would negate this bearish scenario
Nzdjpyanalysis
NZDJPY has broken the daily trend line!!This pair has just broken the daily trend line and preparing for a deeper retracement to a monthly 38.1 % fib level.
the best situation to trade on the retest of the trend line. If the price holds on the retest, a short trade is a more high probability.
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NZDJPY SELL ON DIPS !!HELLO FRIENDS
As i can see this pair is fail to break a strong resistance an trading inside channel
First TP is an easy target as soon as it will break the channel all other TP become valid
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