NZDJPY (NewZealand Dollar/Japanese Yen) Currencies analysis
Technical Analysis:
We can clearly see that the Bearish Divergence of Price and MACD has Started Forming in 6H time frame and it is one of the biggest signs that the bullish Trend is reversing and we can see some Price Correction on this Forex Instrument.
we have defined 2 Targets using the Fibonacci Retracement Tools which we have forecasted the Price to fall.
please check the Forecast dates and exact Prices.
We can clearly see that the Bearish Divergence of Price and MACD has Started Forming in 6H time frame and it is one of the biggest signs that the bullish Trend is reversing and we can see some Price Correction on this Forex Instrument.
we have defined 2 Targets using the Fibonacci Retracement Tools which we have forecasted the Price to fall.
please check the Forecast dates and exact Prices.
Trade closed: target reached
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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.
Related publications
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.