MasterSensei

Short on NZD JPY should be profitable

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Here I have analyzed an opportunity to go short on the NZD JPY currency pair price has hit resistance at the 76.700 area. I am anticipating a strong bearish decline to the 76.000 level or potentially much lower. My stop loss, and take profit is indicated here on the charts.

Enjoy and happy trading

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