TradingView
Motion1
Mar 19, 2019 2:05 PM

NZDJPY Potential Short Short

New Zealand Dollar/Japanese YenFXCM

Description

NZDJPY break and retest of a bearish symmetrical triangle.
Resistance at the 0.618% monthly fibonacci retracement level.
Trading below the 800 EMA.
NZD indicating as currently strong, with JPY gaining strength.
Ideal entry would be at 76.500 support & resistance level.
Swing trades targeting for the 76.000 psychological level with a potential intraday trade targeting 76.300.
More