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MMFXSignals
Aug 10, 2020 1:01 PM

NZDJPY ANALYSIS Short

NZD/JPYOANDA

Description

NZDJPY broke lower edge of continuation rising wedge pattern at level 70.07
Pair is based below key level at 70.70
Price is based below HVN at level 70.15 which indicates that pair is in distribution phase
Below SMA 100
We r waiting price to restest HVN level to open short trade
It's expected for coming bearish movement to target demand zone at level 68.15
Comments
Deefriello900
Thanks for sharing your idea
Tulip06
Good job
Sinigdha123
Good one,i like it.
Phi-Deltalytics
Thanks for sharing!
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