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Alexander_Amon

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Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
Alexander_Amon Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns NZDJPY nzdjpyshort nzdjpysell
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trendanalysis chartpattern nzdjpy nzdjpyshort nzdjpysell
The JXY (JPY Currency Index) started to show it's strength yesterday, meaning we could see further strength for the rest of the week. Paired with weak NZD I will sell this pair now.
Another confluence for me is the double top on the H1 and the fact, that it didn't move up higher like the NZDUSD did.
Comment:
Price moved more up than i thought but i was holding my position (divergence on H1).
Possible move now could be a H&S before falling.
snapshot

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Alexander_Amon
NZDJPY prints a Head and Shoulder on the charts
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