DeGRAM | NZDJPY shallow lower low
NZDJPY is currently trading in a descending channel.
The market broke and closed above the consolidation zone but quickly returned to it.
Price made a shallow lower low, meaning that bears do not have enough strength to push the market lower.
We anticipate a retest of the resistance channel boundary.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The market broke and closed above the consolidation zone but quickly returned to it.
Price made a shallow lower low, meaning that bears do not have enough strength to push the market lower.
We anticipate a retest of the resistance channel boundary.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex