thecharttraders

Bearish NZDJPY

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FX:NZDJPY   紐元 / 日圓
We are considering putting this trade on right away with Premium Members when the markets open in the US on 6.4.2017... We like the short side to at least the 78.46 level in the short term from the current level of 78.79. It's likely that we see a continued move lower to the 78.21 level, which would be a nice primary target. On a more medium term basis, we expect price action to extend the short term move lower to the 77.24 level and likely lower over the next several weeks or perhaps even sooner. However, there is risk up to the 79.56 level and potential to the 80.49 level above as well in the short/medium terms. Regardless we are bearish...

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