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Nzdjpyshort

NZDJPY (NewZealand Dollar/Japanese Yen) Currencies analysis Technical Analysis: We can clearly see that the Bearish Divergence of Price and MACD has Started Forming in 6H time frame and it is one of the biggest signs that the bullish Trend is reversing and we can see some Price Correction on this Forex Instrument. we have defined 2 Targets using the Fibonacci Retracement Tools which we have forecasted the Price to fall. please check the Forecast dates and exact Prices.
Short
by BitonGroup
2
Jamie Trade Idea - Sell NZDJPY Trade Idea: Sell NZDJPY Reasoning: Broken through descending triangle, looking for weakness to continue. Entry Level: 83.230 Take Profit Level: 82.40 Stop Loss: 83.64 Risk/Reward: 2.02R Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
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by Signal_Centre