DeGRAM

NZDJPY first - grow, next - fall

Short
FOREXCOM:NZDJPY   Dollar Néo-Zélandais / Yen Japonais
The price continues to rise in an upward trend.
It recently rallied from the 73.55 support area to resistance.
This is a strong resistance line.
It was formed in 2016.
The only major breakdown occurred in 2019.
After that, the line became resistance for the price.
Another resistance line is also nearby.
She is the youngest (formed in August 2020).
But it also keeps the price down.
I expect the price to touch the resistance at position 75.29 as it grows from the support.
Then it will fall to support again.
The target is 74.15.

--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.