Ferry.Hartanto
Short

NZDJPY Daily Chart : Capped By Negative Trend Line

FX:NZDJPY   New Zealand Dollar/Japanese Yen
19 0 0
Preference short positions below 78.00 with targets at 72.00 & 69.00 in extension.

Shooting star candle stick in daily chart suggest a bearish reversal. Invalidation around 75.27.

Above 78.00 look for further upside with 80.90 & 83.20 as targets.

the RSI lacks upward momentum . Stochastic in overbought.

Risk management in priority.
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