NZD/JPY
- Bearish trend: Overall downward movement in the price of a financial asset.
- Higher low: Despite the bearish trend, each low point reached by the price is slightly higher than the previous one.
- Lower low: Each low point in the price is lower than the previous one, confirming the continuation of the bearish trend.
- Trend line resistance: A trend line drawn along the highs of the bearish trend acts as resistance, preventing significant upward movement when approached from below.
- Higher low: Despite the bearish trend, each low point reached by the price is slightly higher than the previous one.
- Lower low: Each low point in the price is lower than the previous one, confirming the continuation of the bearish trend.
- Trend line resistance: A trend line drawn along the highs of the bearish trend acts as resistance, preventing significant upward movement when approached from below.
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