NZDJPY can we sell ?
We can see a triangle pattern on the D1 chart. The price has broken the down side of pattern and also the daily Fibonacci 0.38 level. RSI on the D1 chart is on negative zone. On the H4 chart the Ichimoku cloud is giving sell signal. If the price stays under the weekly S1 76.50 the target could be the Fibonacci 0.23 level- 75.90 and 75.56 what is weekly S2. We have no news which would affect this pair today
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.