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ThinkingAntsOk
Jul 30, 2019 2:06 PM

Short Movement Expected on NZD/JPY Short

FX:NZDJPY240
New Zealand Dollar/Japanese YenFXCM

Description

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4H CHART EXPLANATION:

On this timeframe we observe that the Ascending Triangle was broke downwards and also the Support Zone. Then, price did a pullback towards the broken Support Zone. We expect this move to reach the support zone at 70.500-70.600.


MULTI TIMEFRAME ANALYSIS:

Daily:



Weekly:



Trade closed: target reached

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Trend AnalysisSupport and ResistanceMultiple Time Frame AnalysisNZDjpyNZDJPY
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