NZDJPY Bearish Harmonic Pattern - Further Decline Expected
NZDJPY Bearish Harmonic Pattern - Further Decline Expected
On Friday, NZDJPY completed a bearish harmonic pattern at 89.26 and today, the price is resuming its downtrend.
Despite the Bank of Japan (BOJ) increasing interest rates by 25 bps from 0.25% to 0.50% on Friday, all XXXJPY pairs initially moved contrary to the hawkish news.
Today, however, the price is moving in the proper direction, aligning with the BOJ's decision.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
On Friday, NZDJPY completed a bearish harmonic pattern at 89.26 and today, the price is resuming its downtrend.
Despite the Bank of Japan (BOJ) increasing interest rates by 25 bps from 0.25% to 0.50% on Friday, all XXXJPY pairs initially moved contrary to the hawkish news.
Today, however, the price is moving in the proper direction, aligning with the BOJ's decision.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Note
NZDJPY down 60 pips
Trade fermée: cible de profit atteinte
Note
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.