2409 NZDJPY wkl swing up for 1200 pips

FX:NZDJPY   New Zealand Dollar / Japanese Yen
Hello traders,

The downtrend for NZDJPY to follow, this is no doubt for us.
It is making a wkly bearish signal again by hitting the channel. The closest wkly support is 66.30 that could be a swing for 545 pips on wkly chart.

It might test the history new low in 2020 by making 1200 pips drop.

Good luck on finding ur entry.
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Great idea, we have the same view on this pair!
+1 Reply
FUNTRADER-Vera Michael_Funtrader
@Michael_Funtrader, thats great!
+1 Reply
Is that good to sell on current price?
@owlet2, depends on your size and stop loss.
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