NzdJpy- correction underway?
2020-03-01 10:24:26
After breaking-down the consolidation just above 70 zone, NzdJpy fell hard last week, the pair losing 300 pips (almost 5%), with most of the losses done on Friday.
The pair stopped its descent just in 67 area support and, with the price being so far from its 50 EMA, a correction could follow.
The next important resistance comes into place at 70 old support.
Looking to buy