NZDJPY May Drop Soon!

2019-12-10 18:51:24

https://www.tradingview.com/x/WCT0aBBm/

NZDJPY looks exhausted to me!
the pair has recently formed a head and shoulders pattern
and currently, it is in an attempt to break the rising channel.

pay close attention to 71.0 horizontal neckline
and sell the market after its breakout.

target levels will be:
70.65
70.20

stop will be at least above the right shoulder!