NZDJPY fall to support
The price returned to an uptrend.
At the end of 2019 - the beginning of 2020, there was a collapse in the price from the support line 73.46.
But in November 2020, the price was able to rise to the 71.08 support line.
The price broke through it and continued to grow.
I came to the support line 72.10 and broke it as well.
The pair rose to an annual high of 75.12.
And now he is at the resistance.
This is a strong line (June 2016).
The price will not be able to break it and will fall.
I expect the price to come to the support line.
The goal is 72.33.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
At the end of 2019 - the beginning of 2020, there was a collapse in the price from the support line 73.46.
But in November 2020, the price was able to rise to the 71.08 support line.
The price broke through it and continued to grow.
I came to the support line 72.10 and broke it as well.
The pair rose to an annual high of 75.12.
And now he is at the resistance.
This is a strong line (June 2016).
The price will not be able to break it and will fall.
I expect the price to come to the support line.
The goal is 72.33.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
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t.me/DeGRAMForex
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