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NZD/JPY BEARS ARE STRONG HERE|SHORT

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Dolar New Zealand / Yen Jepun (OANDA:NZDJPY)  
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OANDA:NZDJPY   Dolar New Zealand / Yen Jepun
Trend Analysis Wave Analysis Chart Patterns NZDJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis waveanalysis chartpattern nzdjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 96.587 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Penafian

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