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mngFX

NZDJPY, looks to be forming a larger continuation correction.

Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
mngFX  
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Parallel Channel Multiple Time Frame Analysis Double Top or Bottom NZDJPY nzdjpyshort jpy NZD nzdjpylong nzdjpyanalysis
5
1
parallelchannel mtfa doubletoporbottom nzdjpy nzdjpyshort jpy nzd nzdjpylong nzdjpyanalysis
Hi Traders,

Looking at the current price action we can still see potential downside next week as we have formed a larger correction after the stromg impulse from 87.1 range. I anticipate a couple more swing highs and lows to form giving us more confluence for a sell opportunity.

Be patient before pulling the trigger.

Good luck!

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Thanks !
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