NZDJPY Offer Shorting Opportunities
NZD/JPY remains in a bearish structure, rejecting key resistance near 88.88 and 89.98.
Sellers appear dominant, with the possibility of a retracement to trap liquidity before resuming the downtrend.
The next significant target lies at 86.60, a critical support level that aligns with previous demand.
The pair's bearish momentum suggests rallies may offer shorting opportunities.
This setup highlights patience in waiting for a retracement before positioning for a bearish continuation.
A clean break below 86.60 could unlock further downside potential.
Sellers appear dominant, with the possibility of a retracement to trap liquidity before resuming the downtrend.
The next significant target lies at 86.60, a critical support level that aligns with previous demand.
The pair's bearish momentum suggests rallies may offer shorting opportunities.
This setup highlights patience in waiting for a retracement before positioning for a bearish continuation.
A clean break below 86.60 could unlock further downside potential.
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iSmashProfit
Publications connexes
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.