NZDJPY Short idea
Continuing with a bearish trend we’re looking for potential short opportunities near the current zone
Price action is near the daily 61.8% fib level, 200 ema, and monthly broken support which is now resistance.
From this area we’re looking for strong bearish setups as confirmation in which case we’re going to look to short toward our monthly level around 69.000 which is about 135 pips lower from current price action
Continuing with a bearish trend we’re looking for potential short opportunities near the current zone
Price action is near the daily 61.8% fib level, 200 ema, and monthly broken support which is now resistance.
From this area we’re looking for strong bearish setups as confirmation in which case we’re going to look to short toward our monthly level around 69.000 which is about 135 pips lower from current price action