Alexander_Harford

NZDJPY to drop deeper as the Bearish Flag formed + 144M vaccines

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY🇳🇿🇯🇵 UPDATE

Managed to secure +140 pips of profit on the pullback from the Resistance level. As we see the the 0.618 fibo level worked out , however the Bearish Flag was formed during the slight bounce and taking the recent contract for 144 mln of Pfizer vaccines for Japan into account (www.fxstreet.com/new...in-2021-202101200955) we can be quite optimistic for the further incline here.
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