ForceFollower

NZDJPY M30: Channel Down

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Give me just another bare shadow (wick) of a candlestick (for an entry), and we should see the price go down again to test the middle line of the channel. The NZD is the weakest currency and the JPY is not particularly strong either. But the market is trading at very low levels compared to what we saw in early June, so the trend is clearly down. I'm bearish here.

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