ChartDepth

NZDJPY formed a descending triangle

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. Oftentimes, traders watch for a move below the lower support trend line because it suggests that the downward momentum.

the pair is targeting 74.50 as long as it is trading below 75.60.

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