Looking for longs on NZDJPY still. NZD has remained stronger than the JPY although JPY has narrowed the distance a bit between the two. RS reading: NZD = 6, JPY = 2. Still a good spread between the two. If equities continues to rally the JPY should stay weak. Waiting for price to enter the area of demand below current price
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Check out my relative strength analysis I post everyday on twitter @WhosTrend
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.