Strong Bullish Movement Potential on NZD/JPY

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4H CHART EXPLANATION:

Price has been on a strong bearish movement since March, and two weeks ago, it broke the Descending Channel. The Resistance Zone tried to hold the price, and did it for a while, where price did a retracement. Last week this Corrective Structure was broke, and now the are good possibilities of a bullish movement towards the Daily Descending Trendline.


MULTI TIMEFRAME ANALYSIS:

-Daily:

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-Weekly:

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Pernyataan Penyangkalan

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