mngFX

NZDJPY, watch for CAB entry before SELL

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Hi Traders,

JPY pairs are continuing its strength from the last couple weeks and we can see price peaked out moving correctivley within an ascending channel which also formed a fouvle top creating a big push down to the lower boundary of this correction. Wait for a breakout followed by a correction for more down side movement.

Wair for confirmation before entering. Ensure all of your rules are met.

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