tradingalone
Short

Short NZDJPY on failure at 1H 200EMA

FX:NZDJPY   New Zealand Dollar/Japanese Yen
11 0 0
Downtrends on monthly, weekly, and daily frames and price attacking key level at 75.

Lots of downside movement possible.

Expect either price to consolidate below 75 for a short OR price to retrace to 1H 200EMA for a short.

Either way it's a Tier 3 short because trends are aligned.
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