Forex_Positive

NZDJPY showing multiple confluence technical signals

FX:NZDJPY   New Zealand Dollar / Japanese Yen
Clear and well defined pivotal support/resistance around 89.80-90.20. Sell when NZDJPY rallies to re-test this price zone.

For a more precise entry, look to short around 90.20-30. This is the double top neckline & 61.8% FIB retracement.

Short NZDJPY 90.20-30
SL 90.80
TP1 89.00
TP2 88.00

=====
www.ForexPositive.com
Twitter @ForexPositive
=====

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.