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SHORT NZDJPY Approaching Resistance, Potential Reversal!

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
Klimex  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns NZD jpy NZDJPY forexsignals
21
0
trendanalysis harmonicpatterns chartpattern nzd jpy nzdjpy forexsignals
NZDJPY is approaching its resistance at 75.44(61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal pullback resistance) where it could reverse down to its support at 74.92 (61.8% Fibonacci retracement , horizontal overlap support).

Stochastic (21, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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