VantageMarkets

Selling into NZDJPY positive momentum?

Short
VANTAGE:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY - 24h expiry - We look to Sell at 85.00 (stop at 85.75)

Previous support located at 84.00.
Previous resistance located at 84.50.
Indecisive price action has resulted in sideways congestion on the intraday chart.
A move through 84.00 will confirm the bearish momentum.

Our profit targets will be 82.50 and 82.00

Resistance: 84.50 / 85.00 / 85.50
Support: 84.00 / 83.00 / 82.50

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