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Thursday, August 19, 2021

NZDJPY bearish scenario:

NZDJPY bearish scenario:

In this pair, technical analysis shows a technical figure Descending Triangle . The Descending Triangle has broken through the support line on 20/08/2021. NZDJPY forming a bearish formation on a daily chart . If the price holds below this level we will have a possible bearish price movement with a forecast for the next 42 days with a target of 73.47. If you decide to enter this position, experts say your stop-loss order should be placed at 77.94.

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source https://www.smartmoneymanagement.info/2021/08/nzdjpy-bearish-scenario.html

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