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Gastunechi
Mar 25, 2019 7:35 PM

NZDJPY at the bears table again Short

NZD/JPYOANDA

Description

After the loss on that pair from my analysis of March 16 2019, the pair moved in the direction expected. It has retraced form the low at 75.460 and is now retesting 76.000 zone.

That zone used to act as support and now is turned into resistance. if the pair fail to break the resistance, I see it make a new bearish leg to 75.150 - 75.300.

Safe Trading!

Trade closed: target reached

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