empty
29.09.2021 09:55 AM
NZDJPY facing bearish pressure, drop incoming!

This image is no longer relevant

NZDJP is holding below 1st resistance at 77.732 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension and may bearish towards 1st support at 76.780 in line 61.8 Fibonacci retracement and 61.8% Fibonacci extension. Our bearish is further supported by how price is holding below the EMA and RSI is showing a negative bearish divergence. Otherwise price may bullish towards 2nd resistance at 78.151 in line with 78.6% Fibonacci retracement and 100% Fibonacci extension.

Trading Recommendation

Entry: 77.732Reason for Entry:

61.8% Fibonacci retracement and 61.8% Fibonacci extension

Take Profit: 76.780

Reason for Take Profit:

61.8 Fibonacci retracement and 61.8% Fibonacci extension

Stop Loss: 78.151

Reason for Stop Loss:

78.6% Fibonacci retracement and 100% Fibonacci extension

Dean Leo,
Analytical expert of InstaForex
© 2007-2025
选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback