NZD/JPY Technical analysis
The descending triangle formed in the counter paints a bearish bias in the counter.
The price is currently at a support zone, however, we expect it to break paving way for a short trade.
Hence, traders can go short only after a bearish candle closes below the support zone.
The price is currently at a support zone, however, we expect it to break paving way for a short trade.
Hence, traders can go short only after a bearish candle closes below the support zone.
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