Chart of the Day NZDJPY

/ Chart of the Day / By Alex

NZDJPY is rejected by the strong upside resistance

NZDJPY is rejected by the strong upside resistance 69.50 level. A confirmed daily close below 67.60 is required for a downside continuation. Only a break above the 67.80 level would lead to a deeper retrace higher. ARMAT trading system is pointing lower

Note: look for the short trade opportunities with a stop loss above 67.80

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