FX:NZDJPY   Dolar New Zealand/Yen Jepun
Strong resistance area , stochastics reversal in OB territory, could retest 50 MA on daily.
The stochastic is showing a definite dip is coming... I only believe it won't be deep it will bounce back on the MA line (just a hunch) based on the weekly chart. Here are links to for comparative analysis... I maybe wrong though on this one

NZDJPY 4 HR
https://www.dropbox.com/s/h07ycdtresv2d2p/NZDJPYH4.png?dl=0

NZDJPY WEEKLY
https://www.dropbox.com/s/1n6a50yvikwtppc/NZDJPYWeekly.png?dl=0
Balas
DuKe_QC KeTrader
@KeTrader, It could definitely bounce on the 4h 50MA. The tp on this analysis is set on the daily 50 sma. Thanks for sharing your thoughts !
Balas
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