EliteTradingSignals

NZD/JPY BEST PLACE TO SELL FROM|SHORT

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Hello,Friends!

It makes sense for us to go short on NZD/JPY right now from the resistance line above with the target of 89.803 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.

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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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