Get started
traderpulse

NZD/JPY Technical analysis

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
traderpulse  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns priceaction shortsetup
0
0
trendanalysis chartpattern priceaction shortsetup
The descending triangle formed in the counter paints a bearish bias in the counter.
The price is currently at a support zone, however, we expect it to break paving way for a short trade.
Hence, traders can go short only after a bearish candle closes below the support zone.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.