NZDJPY: Might Take A Huge BEARISH Turn...

2020年12月8日

Looking at the fib lines drawn, we managed to see a nice rejection from 2.618 and 3.618 fib level. As we can see, price level is currently trading near a resistance level @73.35. I will be expecting a bigger movement incoming as today's candle seem like it is testing the resistance level before further movement. I potentially see a good risk to reward for this pair with a TP at approximately 1.618 fib level.

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