jp7fx

NZDJPY ready to short?

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Looks like a good area for shorts - lower time frame confirmation needed but with the major swing and retracement at the 50% level with a decent looking Supply zone on offer there's a good chance price could turn here.

This is not a signal to short we don't know if this supply will hold so don't blindly sell expecting it to go down, look for lower time frame analysis to show that price is starting to move in the same way as the higher timeframe.

Trade Safe :)

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