snapshot
Hello,Friends!

The BB upper band is nearby so NZD/JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 91.984.

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Trade closed: target reached
We are taking profit boy
Bearish PatternsChart PatternsforecastForexNZDJPYSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis
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