Leo-btm

NZDJPY, potential opportonity to go short

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY / 4H
Hello traders, welcome back to another market breakdown.

NZDJPY is trapped inside a trading range where traders look to sell high and buy low. However, the price is trading around a monthly resistance zone which gives the bears the upper hand.

Trade safe,
Trader Leo.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.