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ImPraveen22
Jan 12, 2022 10:51 AM

NZDJPY looking similar zigzag pattern  Short

New Zealand Dollar/Japanese YenFXCM

Description

Controlling over the news, JPY index was too low from Dec 19th. It looks like upside with index, over all JPY pair its gonna come up. So on the board NZD will be the first to see the decline matching with AUDJPY. Japanese index get stronger with USD and news data is my prediction.

Comment

Overall it will be back on the path sooner. CPI made big hype, japan/nz day open, it comes to the average on path is my prediction. still open.

Trade closed: target reached

Previous low on the double inverted mountain. Good to close it here. JPY pairs are too good, hope it comes way down. but safe spot to come out, my green line 77.395 still on target post.
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