As we can see NIFTY50 broken from the ascending triangle and consistently falling.
CASE 1.
NIFTY is at a major support level if it will break level we might see some more bearish move to downside at 50% fib level and then to another support level
CASE 2.
NIFTY bounce back from the support level To 14220 level and then above resistance zone
Let me know guys...
We are doing USDJPY Analysis in Daily Time frame
You can keep an Eye on USDJPY it is forming rising channel pattern you can take a trade on the breakout of this pattern.
Note: This is only for Educational Purpose this is not Investment advice.
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Thanks
Adil Khan
