DoubleDee

Swig Trade Opportunity

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
After a break through the channel, NZD is now in an uptrend. Nevertheless we can see an very strog push to the upside. What will happen many times? It is likely to see price at the 0.681 fib level. Therefore we will wait for a break of the daily resistance and retest for confirmation to enter a short position with a nice 4RR.
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