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NZD/JPY BEARS ARE STRONG HERE|SHORT

Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
EliteTradingSignals  
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis NZDJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis nzdjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

NZD/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 90.483.

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