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Juan_fx_1
Jul 3, 2020 6:40 PM

Shorting NZDJPY Short

New Zealand Dollar/Japanese YenFXCM

Description

FX:NZDJPY

Price approaching previous resistance. There is bearish divergence forming on the lower timeframe (1 Hour). Clearly overbought levels. Clear price rejection would be a great additional confirmation on this.

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Comment

Price at previous's weeks resistance and price are showing weakness at this level. Good place to short this has great risk:reward ratio.

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