SonicDeejay

NZD/JPY (A short term bearish swing is possible)

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Updated On NZD/JPY (15 Feb 2019)

It has hit the resistant level of 76 and currently, it’s making a pullback.
It can swing to the nearest support level of 74.06.

It is more of just "a momentum play" to us before it resumes the overall uptrend.
We expect the sell-down will be pretty much contained as we see the pairs have potential massive support near 72.3 regions.




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