HugoAJROUCHE

Short Vision on NZDJPY for 05/08/2021

Short
HugoAJROUCHE Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Hello Dear Traders,

You find below my analysis for NZD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame NZD/JPY will fall to 76.8 as I am showing in my chart. Our Daily Goal is 76.5.

Currently, EUR/JPY is moving towards the resistance level of 77.2 ,where there is some liquidity from this value we are looking for short-term selling opportunities of NZD/JPY.

Good Luck and enjoy your Bearish Market for today.

Entry:@ 77.43
TP1: @77.13
TP2: @76.8
TP3: @76.5
SL: @77.5
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Trade closed: target reached

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