NZDJPY Update: Weekly Pullback Has Started
Trend: Uptrend (Weekly), Downtrend (Daily and below)
Key Level: 70.900 - 71.500
Entry Signal: To enter on buys I'll be waiting for price to pullback to the previously broken resistance to retest the level as support.
Since this market is pulling back on the weekly, we can look for short-term sells on the daily timeframe and below.
Key Level: 70.900 - 71.500
Entry Signal: To enter on buys I'll be waiting for price to pullback to the previously broken resistance to retest the level as support.
Since this market is pulling back on the weekly, we can look for short-term sells on the daily timeframe and below.
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.