NZDJPY....LOOK FOR SELLS

HELLO ALL,

NZDJPY , SIMILAR TO JPY PAIRS, HAS A OVER EXTENDED RSI ON 4HR AND IS SHOWING NICE PRICE ACTION TO THE DOWNSIDE. IT SHOULD RETRACE BACK TO .50 FIB/.618 AREA ON 4HR. WE WILL WAIT ON FUNDAMENTALS COMING OUT (RBNZ FINANCIAL STABILITY REPORT) AND SEE HOW THE MARKETS BEHAVE FROM THERE. REMEMBER RISK MANAGEMENT LADIES AND GENTS .


IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!