Today in forex trading the NZD/JPY had a trading signal for a sell on The Forex Heatmap® forex heatmap. This pair and all of the other New Zealand Dollar (NZD) pairs all moved on this basis. The NZD/JPY is at one support level so we would scale out lots on any sells. The NZD/USD also sold off strong and should continue lower after a consolidation period, it is in a strong down trend.
The trading signals you see below for the JPY pairs are from The Forex Heatmap®, which offers live signals for 28 pairs and 8 currencies. Any strong, consistent signal accompanied by a trend on at least the H1 time frame is a ripe opportunity for pips for any forex trader.
NZD/JPY Trading Signal
NZD/JPY Trading Signal Chart