UnknownUnicorn4263724

NZDJPY - LONG TO WEEKLY TRENDLINE RESISTANCE BEFORE SHORTING

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
I think that price will touch 73.26 region before falling given its bullish run now. Look for shorting opportunities there. Reversal candlesticks etc. As per latest COT report, JPY is net long positions and NZD also long so there maybe a consolidation in this pair even without hitting weekly resistance. Price can reverse from cmp too.
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.