Nzd/Jpy has broken out of a bearish weekly channel to the downside
The retest of the lower border has left it below there, and has failed
The RSI and the MACD indicators are both bearish
and this puts a lot of bearish pressure on the pair
Nzd/Jpy weekly chart
The 100% weekly fibonacci expansion level has been broken to the downside too
and this indicates a further move down towards the 161.8% fibonacci expansion level
On the daily chart I have drawn the fibonacci expansion level of the last dail…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –