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FX.co ★ NZDJPY holding below long term descending trendline!

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Forex Analysis:::2020-06-05T06:19:08

NZDJPY holding below long term descending trendline!

NZDJPY holding below long term descending trendline!

Trading Recommendation

Entry: 71.346

Reason for Entry: Descending trendline resistance

Take Profit : 66.240

Reason for Take Profit: 61.8% Fibonacci retracement, Graphical overlap

Stop Loss: 72.426

Reason for Stop loss: -27.2% Fibonacci retracement

Analyst InstaForex
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