NZDJPY short move
Price is rising toward our bearish order block of 90.198 a pullback resistance that aligns with the 38.2% Fibo retracement. A reverse from this point could lead the price to fall to 1st support at 89.374.
If price breaks above the pivot, it could rise to 1st resistance at 90.36, a swing-high resistance level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.