NZDJPY – Bearish condition

Written by Raul Lopez on . Posted in Trades & Analysis

The NZDJPY is trading in a clear bearish market condition, earlier this morning it broke through the ST support level indicating it is likely to continue its way down until ir reaches the next LT support level at 62.72:

As long as the NZDJPY continues to trade below 65.61 I’ll be looking for short opportunities.

Trade Safe!

Raul Lopez
Forex Training



Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
Raul Lopez Forex

Trading should be simple

I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

If you have any question about anything, please feel free to contact me at: or call +1 518 300 3828

StraightForex on Facebook StraightForex on Twitter Call me on Skype Grab my RSS StraightForex on Google+ StraightForex on YouTube