NZDJPY - LONG TO WEEKLY TRENDLINE RESISTANCE BEFORE SHORTING

6 thg 6, 2020

I think that price will touch 73.26 region before falling given its bullish run now. Look for shorting opportunities there. Reversal candlesticks etc. As per latest COT report, JPY is net long positions and NZD also long so there maybe a consolidation in this pair even without hitting weekly resistance. Price can reverse from cmp too.