NZDJPY Downward channel resistance approaching
We are approaching a resistance level for a downward channel that NZDJPY has been trading within for the better part of a year. I will be looking for price to test that line and ultimately close below it for a short. Or possibly a confirmed break above the line would be a chance for a long trade.
NZDJPY
NZDJPY
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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.