Blake Morrow’s Chart of The Day – June 17th 2021
NZDJPY
The NZDJPY had a false breakout in May last month and hit the 127% extension at 80.17 then reversed with a divergent RSI the last several weeks. The move below the 78.25 level today may expose a move back to the 76.62 161% extension (of the false breakout) in the days ahead.
Blake Morrow
