Short NZDJPY

Short

New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)

Updated

OANDA:NZDJPY New Zealand Dollar / Japanese Yen

NZDJPY nzdjpyshort

nzdjpy nzdjpyshort

NZDJPY is in a large falling wedge since 2013. I like selling at current price targetting 71 ish with a stop above the top line of the wedge.

Comment:

Daily view: price reached the top of the consolidation pattern. Expecting further downside from here.

snapshot

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