NZDJPY has shown a failed ascending triangle pattern which was form at its bottom. Correction of pair from its bottom which can be interpreted as correction has completed and it may resume it downtrend from current price level. So can be traded on the short side from the resistance zone level in the NZDJPY pair.

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Vivek
Vivek

have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.