Signal_Centre

NZDJPY - Selling strength this morning

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY is Bearish - We look to Sell at 64.46

▪️ Short term momentum is bearish .
▪️ A Fibonacci confluence area is located at 64.52.
▪️ Bespoke resistance is located at 64.46.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 64.46, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.

Stop: 64.76
Target1: 63.56
Target2: 63.00