UnknownUnicorn15614419

NZDJPY: will the price be able to break through the level or no?

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FOREXCOM:NZDJPY   Nyzeeländska dollar/Japanska yen
The price continues to show a very strong rally, which it started at the end of last week. It almost approached the level of 76.3, after which a fall can be expected. The price can break the level, but most likely the breakout will turn out to be false, since the level is quite strong and has many touches. But this cannot be ruled out. And yet a more likely outcome of events: growth to the level of 76.3 and then a fall to the level of 75.3.

Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
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