ForceFollower
Short

NZDJPY H4: Trapped between S & R

FX:NZDJPY   New Zealand Dollar/Japanese Yen
NZDJPY             - a current combination of the weakest and the strongest currencies , has been trading in a range, an energy coil, as if gathering energy for another big move. The trend is clearly down, but it seems to be trapped between support and resistance ; also sort of lame due to the apprehension that can be felt in anticipation of the late Thursday Fed interest rate decision.
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There is a very high degree of risk involved in trading forex . I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
ForceFollower
a year ago
It keeps going down.
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ForceFollower
a year ago
NZDJPY - still bearish reading.
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ForceFollower
a year ago
$NZDJPY H4: still bearish, but how strong is the support at 74.5-75.0?
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