NZDJPY Daily Chart : Capped By Negative Trend Line
Preference short positions below 78.00 with targets at 72.00 & 69.00 in extension.
Shooting star candle stick in daily chart suggest a bearish reversal. Invalidation around 75.27.
Above 78.00 look for further upside with 80.90 & 83.20 as targets.
the RSI lacks upward momentum. Stochastic in overbought.
Risk management in priority.
Shooting star candle stick in daily chart suggest a bearish reversal. Invalidation around 75.27.
Above 78.00 look for further upside with 80.90 & 83.20 as targets.
the RSI lacks upward momentum. Stochastic in overbought.
Risk management in priority.