OrtegaCapital

Bearish outlook on NZDJPY

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FOREXCOM:NZDJPY   纽元/日元
Prices are facing bearish pressure from the resistance zone, in line with the 50% fibonacci retracement where we could see a further downside below this level. Ichimoku cloud and 34 EMA are showing signs of bearish pressure as well, in line with our bearish bias. A break below the 81.50 support area is needed to see further downside.
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