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ArefinDhrubo
About me Full time Forex trader
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100 % forex
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NZDJPY 50% | 1 USDJPY 50% | 1
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USDJPY SHORTING IDEA
USDJPY
, 240
USDJPY: USDJPY SHORTING IDEA

USD INDEX SHOWS THAT USD IS NOW WEAK..SO FOR A GOOD RESULT BY SHORTING USD WE HAVE TO LOOK FOR A STRONG CURRENCY.AND AS JPY IS NOW A STRONG CURRENCY WE CAN HOPE TO HAVE A GOOD RESULT SHORTING USDJPY.AND TECHNICALLY USD JPY IS IN A BEARISH TREND ALSO AS U CAN SEE IN MY ANALYSIS.....HAPPY TRADING & PLEASE FOLLOW ME FOR MORE ANALYSIS!

NZDUSD SHORTING IDEA
NZDJPY
, 240
NZDJPY: NZDUSD SHORTING IDEA

As NZD is acting as a weak currency and JPY is now in a stronger position then NZD, we can predict a fall in this pair.Besides technically NZDJPY is in bearish trend.And so that we can determine the area for shorting using Resistance and trend-line.And so Stop loss and take profit i've shown Fibonacci projection

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