nzdjpy potetical 150-225 pip profit.6

OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
41 0
The trend line shows a overall support for the past few months, meaning it should follow its current pattern of hitting the trend line and then closing above it, whilst we need to be weary of any false breaks, that could lead us to think its a short position. We can also see the formation of a double top and it was already in a bearish trend which can also lead us to believe that the price action will close below the line and continue in a downward fashion.
Comment: It could also consolidate and cause a flag pattern to occur, for further information check fxstreet so we can know if there is any news that could potentially affect the trend.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out