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Hello, Friends!

We are now examining the NZD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 87.651 level.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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Bearish PatternsChart PatternsforecastForexNZDJPYSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis
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