NZDJPY is approaching resistance, potential reversal

NZDJPY is approaching resistance, potential reversal for FX:NZDJPY by FXCM

NZDJPY is approaching resistance, potential reversal



Price is approaching our first resistance in line with our descending trend line where we could see a reversal below this level. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well.

THE ULTIMATE TRADING EXPERIENCE