NZDJPY is forming a nice Head and shoulder pattern on the daily. It is also testing resistance on the 4he with bearish divergence on the RSI. Price has rallied to this structure point and has given us clear rejection to go short
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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.