Daily Forex Update: NZD/JPY

От: Дима Chernovolov

NZD/JPY continues to fall inside the well-formed Down Channel chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Down Channel at the 6-bar level – which reflects the slow Initial Trend (3 брусья) and substantial Uniformity and Clarity (оба оцененные на 8 уровень бар). NZD/JPY is expected to fall further inside this Down Channel – in line with the earlier breakout of the powerful support level shown below.


As can be seen from the daily NZD/JPY chart below, the pair earlier broke below the strong support level 78.20 (which reversed the price in August and September). This price level is acting as resistance level after it was broken. The proximity of this resistance level increases the probability NZD/JPY will continue to fall inside this Down Channel.


To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.


Для получения более подробной информации об этом и других продуктах Autochartist посетите www.autochartist.com

1 Нравится
1603 Просмотры

Вам также может понравиться

Leave A Comment

Please enter your name. Please enter an valid email address. Please enter message.


I accept the Privacy policy, Отказ от ответственности а также Conditions of this service

* = Обязательное поле