EliteTradingSignals

NZD/JPY BEARISH BIAS RIGHT NOW| SHORT

Short
OANDA:NZDJPY   Dollar Néo-Zélandais / Yen Japonais
Hello,Friends!

We are going short on the NZD/JPY with the target of 90.541 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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