💡Don't miss the great sell opportunity in NZDJPY

19 Mar 2021

Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (78.660).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. NZDJPY is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 42.

Take Profits:
TP1= @ 77.550
TP2= @ 77.075
TP3= @ 76.400
TP4= @ 75.780
TP5= @ 74.880
TP6= @ 73.880

SL: Break Above R2

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