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Short

NZD/JPY: Found Triangle in H1 TF !

FX:NZDJPY   New Zealand Dollar/Japanese Yen
In H1 timeframe found nice triangle in nzd/jpy pair. If this pair break this triangle in downward mode than I think it will be going to 89.16 level which is strong support for this pair, but before its may be faced some support in 89.70 level. After break this triangle we can looking for short trade on this pair and use stoploss at recent swing high point of this pair.

If you looking for short trade in this pair, you entry level should be at 89.90 level, because 90.00 level is pchylogical strong support.

So, keep eyes on this pair and safely trade.

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