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brendantimmons
Dec 7, 2015 8:47 PM

NZDJPY Downward channel resistance approaching Short

New Zealand Dollar/Japanese YenFXCM

Description

We are approaching a resistance level for a downward channel that NZDJPY has been trading within for the better part of a year. I will be looking for price to test that line and ultimately close below it for a short. Or possibly a confirmed break above the line would be a chance for a long trade.FX:NZDJPY


Comments
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Glad to see one of your charts! Looks good
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