ForceFollower

NZDJPY H4: Trapped between S & R

Short
FX:NZDJPY   Neuseeländischer Dollar / Japanischer Yen
NZDJPY - a current combination of the weakest and the strongest currencies, has been trading in a range, an energy coil, as if gathering energy for another big move. The trend is clearly down, but it seems to be trapped between support and resistance; also sort of lame due to the apprehension that can be felt in anticipation of the late Thursday Fed interest rate decision.
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