Alep12

NZDJPY Short idea

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OANDA:NZDJPY   Dollar New Zealand / Yen Jepang
NZDJPY finds itself between two nice Support and Resistance levels since beginning of December. Now we can wait and see if it breaks the Resistance level at 74.00, if the zone is rejected that would be a perfect entry point for a short position with final TP close to 73.20. Let's see how the price develops on Monday ;)
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Hope everybody saw that long candle going down and breaking the previous Support level! Good amount of pips over there even if the price didn't go up to test the previous Resistance level.
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