NZD/JPY - Day Trading SellNZD/JPY is failling to make a push up on the 1H chart.
It has broken under the 50 EMA of the 1H chart.
As long as it holds as support, the sell is active.
We can expect the pair to drop to the last low to find it's support for another push back up.
This is a day trade. Wait for good confirmation of the move and enter.
Trade safe.
Nzdjpysignal
NZD/JPY : Looking for a Retracement on a Consolidation point!!Right now the pair is below the Weakly Support point
Overall the trend is in downtrend but it is on a consolidation
fase. The pair might retrace around 0.5 to 0.6 fib point
Before it decide it's new trend.
I will go long around 72.400
I will go for a short position if it cross
71.390
>>Take profit point if it goes long is around 0.5 to 0.6 fib point
>> Take profit point if it goes Short is around 69.563
on a monthly support.