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Mihai_Iacob

NzdJpy- New leg down?

Short
Dollar Néo-Zélandais / Yen Japonais (FX:NZDJPY)  
Mihai_Iacob  
FX:NZDJPY   Dollar Néo-Zélandais / Yen Japonais
Trend Analysis Chart Patterns Technical Indicators NZDJPY nzdjpyshort nzdjpysell nzdjpysignal nzdjpyanalysis nzdjpyidea nzdjpysetup nzdjpyforecast nzdjpysignals
19
15
trendanalysis chartpattern indicator nzdjpy nzdjpyshort nzdjpysell nzdjpysignal nzdjpyanalysis nzdjpyidea nzdjpysetup nzdjpyforecast nzdjpysignals
After breaking under trend line support, NzdJpy came and confirmed this break and started to roll back down.
At this point, a lower high can be in place and a new leg down is probable
Bears can target 74 in the medium term and only prices above 78 would negate this scenario
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