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NZD/JPY BEST PLACE TO SELL FROM|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 Chart Patterns Wave Analysis NZDJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

We are going short on the NZD/JPY with the target of 94.375 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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Penafian

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