Hi Traders, watching price levels on the NZDJPY daily, 4-hour, and 15-minute charts.
Price is rallying back towards the 82.31 weekly resistance level.
82.17-31 the 62% fib retracement level and weekly resistance level.
Watching for price to rally and fail at this intraday resistance area for a further decline targeting the 81.03 weekly support level.
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Hi Traders, to keep up to date with my analysis join me at this week’s free Forex trading webinars, 8.00pm Sydney time? Register here
To get access to the ACY Securities – Live Interactive Trading Feed – Telegram Channel – contact Nathan Bray Tel: (+61) 2 8350 7885 or 1300 729 171, email: nathan.bray@acy.com
Disclaimer: Trading involves risk.