BIG BOUNCE SETTING UP IN NZD/JPY
A monster rally in the Yen is creating some extreme technical readings across the entire JPY complex. Of note is the Kiwi/Yen cross (NZD/JPY)
A pullback of 7 cents from 99 to 92 has brought prices back into trendline support from 2020. Not suggesting you try to catch falling knives, but in the forex space, a methodic and patient building of a position of size could lead to one of those 7 figure profitable trades in a few days.
A pullback of 7 cents from 99 to 92 has brought prices back into trendline support from 2020. Not suggesting you try to catch falling knives, but in the forex space, a methodic and patient building of a position of size could lead to one of those 7 figure profitable trades in a few days.
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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.