NZDJPY between two strong level / Will fall
Last week, the price touched the resistance line 72.7 and, as I expected, began to fall, breaking even the support level
However, the fall was short-lived, the price corrected to the level (72.2) and received a strong impetus for growth from it.
Now it is again on the resistance-support line, moving along it.
And I expect the price to rise to the resistance level of 73.3.
Both of these levels stretch across the entire chart until 2003.
And the price moves along the sinusoid: above levels, below levels. Already twice directed me.
I expect that after touching the resistance level, the price will receive a strong impulse to fall. And will fall to the support level.
The goal is level 72.2.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
However, the fall was short-lived, the price corrected to the level (72.2) and received a strong impetus for growth from it.
Now it is again on the resistance-support line, moving along it.
And I expect the price to rise to the resistance level of 73.3.
Both of these levels stretch across the entire chart until 2003.
And the price moves along the sinusoid: above levels, below levels. Already twice directed me.
I expect that after touching the resistance level, the price will receive a strong impulse to fall. And will fall to the support level.
The goal is level 72.2.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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