SonicDeejay

NZD/JPY Daily Update (13/8/17) *Patience, More Bear Soon

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Did you followed our NJ call? Money in the bag, baby.

I am Very Bearish. This pair is going to down further soon or later. It is just that the price went down way to fast and it may be due for a decent pull back. But I do not think it shall swing back 82.1. I will be adding more shorts soon and patient along as well.
This pairs shall be on the down trend on 3 months or more. You will need to pay attention to Nkorea war development as well.

Level to watch: Support 79.1, 78.5, 77.9 Resistance level. 80.4, 81.3. 82.1



Trade Safe,

s0nic




Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.

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