NZD/JPY Approaching Resistance, Prepare For A Reversal

Trading 02 nov 2018 Donner votre avis

NZD/JPY is approaching its resistance at 75.54 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 74.38 (38.2% Fibonacci retracement, horizontal pullback support).

Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.

NZD/JPY is approaching its resistance where we expect to see a reversal.

Sell below 75.54. Stop loss 76.35. Take profit at 74.38.


The material has been provided by InstaForex Company -

Fatal error: Uncaught Exception: 12: REST API is deprecated for versions v2.1 and higher (12) thrown in /var/www/ on line 1039