NZD / JPY Update
Updated
Looking forward for this idea to play out in the same pattern as I've drawn. breaking & retesting KEY Fibonacci levels. so far we are off to a slow start, as this pair tends to range a lot.
over the past few day we've had a nice rejection of 74.480 area pushing towards the 61.8 Key level on the Fib. where is price is currently 76.100. a complete break through this region can lead us forward to (my ) initial target of 78.950.
over the past few day we've had a nice rejection of 74.480 area pushing towards the 61.8 Key level on the Fib. where is price is currently 76.100. a complete break through this region can lead us forward to (my ) initial target of 78.950.
Note
Failure to break 76.100 can lead us back to support area around 72.280...ps. Fibonacci was not adjusted for on the Daily chart frame, fib levels on this chart are according to the weekly time frame...refer to previous idea posted. on JAN 27 2019.
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