WavyFX

NZDJPY - SHORT

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FX_IDC:NZDJPY   紐元 / 日圓
By looking at the M TF i can see that the sentiment is indicating that this market is overbought, nevertheless i can also see on the 8 TF that LH and LL are being formed which suggests that this market has a chance of going lower. My target for this trade would be 76.000 to the next support area.
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