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New Zealand Dollar / Japanese Yen
Short

NZDJPY Approaching Resistance, Potential Reversal

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NZDJPY is approaching its resistance at 75.58 (100% Fibonacci extension, horizontal swing high resistance) where it could potentially reverse down to its support at 73.71 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support). Stochastic (89, 5, 3) is approaching its resistance at 98.8% where a corresponding reversal could occur.
ICmarkets
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IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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audCADChart PatternschfEURGBPHarmonic PatternsjpyNZDNZDJPYTrend AnalysisUSD

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audCADChart PatternschfEURGBPHarmonic PatternsjpyNZDNZDJPYTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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.