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Underlying:NZDJPY
Time frame:1D
Just wanted to bring this to people's attention. I have noticed that a lovely wedge has formed on the daily chart for NZDJPY. Don't expect any kind of big move until we have broken out from this range. With my current belief that the stock market is over bought I am expecting to see strength in the Japanese Yen and the reason I am looking at it breaking down.
www.tradingview.com/symbols/GBPJPY/
Underlying:NZDJPY
Time frame:1D
Just wanted to bring this to people's attention. I have noticed that a lovely wedge has formed on the daily chart for NZDJPY. Don't expect any kind of big move until we have broken out from this range. With my current belief that the stock market is over bought I am expecting to see strength in the Japanese Yen and the reason I am looking at it breaking down.
www.tradingview.com/symbols/GBPJPY/