NZDJPY Sell Setup
A bearish trade opportunity recently presented itself on the kiwi-yen trading chart 📉.
This is indicated by the bearish inverted pin bar just below the 88.957 horizontal resistance level.
This shows a rejection of the same resistance level, with potential price move in the downward ⬇️ 👇 direction.
Sufficient downward momentum should see price dumping towards the 86.000 psychological level and possibly testing the strength of the 85.715 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#NZDJPY #kiwiyen #shortsetup #bearishsignal #sell #trading #crosspair
This is indicated by the bearish inverted pin bar just below the 88.957 horizontal resistance level.
This shows a rejection of the same resistance level, with potential price move in the downward ⬇️ 👇 direction.
Sufficient downward momentum should see price dumping towards the 86.000 psychological level and possibly testing the strength of the 85.715 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#NZDJPY #kiwiyen #shortsetup #bearishsignal #sell #trading #crosspair
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