To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleNZDJPY Potential for bearish drop towards previous swing lowTypeBearish BreakoutPreferenceLooking at the H4 chart, my overall bias for NZDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.If price breaks this support here, I expect price to possibly drop from the pivot towards the support which is the previous swing low.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/titlenzdjpy-potential-for-bearish-drop-towards-previous-swing-low
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