DeGRAM

NZDJPY will return to support zone / Fall

Short
FOREXCOM:NZDJPY   Dollaro neozelandese / Yen giapponese
During the growth, the price consistently broke through:
support line 72.51 and support line 73.55.
after that it continued to rise and came to the resistance at 75.74.
This is the second touch on the line in the last month.
This is a strong resistance line.
It was formed on the chart back in 2011.
The only breakdown occurred in May 2019.
Since then, every touch of the line has reversed the price.
After the price touched the strong resistance of 75.74, I expect a fall.
The price will collapse and return to the support area (line crossing).
The target is 73.19.


--------------------
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
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.