NZDJPY is approaching a support that is also the 0.618 fib level of it’s recent impulse, if price tests this support and closes above we can expect a nice long to at least the 77.5 levels. If price manages to close below the support and break it we could see a second test of the 74.5 support. Wait for the market to test this support and react.
Leave your comment below if you find this helpful or disagree Short setup (Downtrend Continuation) Now we wait for price. Never chase price :) Happy trading traders
Hey traders, here is the analysis for the NZDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
NZDJPY D1 SELL PREDICTION long trend broken. Market retested resistance.
NJ has been showing bearish signs, especially testing the previous 78.6 level. Use proper risk management on this potential bearish swing trade.
Short on the retest as NZDJPY has broken the support level on 4H chart with good risk rewrd
This currency pair has been trading inside this channel for quite some time now . it went and tested the Resistance zone of 78.64 twice and is looking to go down further more. At this point , i am looking to sell ! my final Target being 76.7 !!
As long as price action remains below 80.000 the medium term target of 70.000 for the pair is in play
Wait for entry point. See other charts in Related Ideas.
Perfect short entry see the top of trend channel, avg weighted volume and ATR probability.
We reached the top of the trend channel, avg weigheted volume, and upcoming strong yen next week should give you a good entry for shorting.
shorting NZDJPY minimize sl to lh for a 15.1 going off the 886 and 943
don't trade before SELL stop, if you get 20 to 30 pips kindly close ,its good for investment 2% risks. if you wanna more pips fully risks for yours. we are only try to hit baby pips if you like this analysis ,please support our idea by hitting the like button and share to ur frnz. we will support start to end trading have a great trading!
NZDJPY looks set to complete its correction and resume the drop
This chart should give you a clear picture of the money distribution that needs to occur before we see the next strong move. I think NFP will push the price past this wick before collapsing. NZD has been a beast in the markets, New Zealand is facing increasing pressure from COVID issues but the price continues to rise. Classic manipulation but it must come to...
Down she goes! I am expecting to fade a sell here on the pullback of the bullish run. Price wiped both highs to the left but left some bullish liquidity trapped on the way up. I believe now may be the right time to take a plunge at sells. The team has been involved since the morning.