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DPA_FxKnight

NZDJPY - Short

Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
DPA_FxKnight  
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Fundamental Analysis Supply and Demand Fibonacci Technical Analysis
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fundamental supplyanddemand fibonacci technicalanalysis
NZDJPY is currently retesting and rejecting weekly resistance area. On D1 the W formation formed has completed its retest of the Fibonacci golden zone, we can therefore wait for further confirmation for either another retest of daily resistance (and creating a triple top). Or, a full reversal to the downside for a retest of the monthly supportive Fibonacci level.

Just my opinion...
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