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NZD/JPY BEST PLACE TO SELL FROM|SHORT

Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
EliteTradingSignals Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis NZDJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis nzdjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

We are going short on the NZD/JPY with the target of 94.375 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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