NZDJPY Trade Idea (7th January 2020)
Currency Pair: NZDJPY
Timeframe: H1
Date/Time of Signal: 7th January 2020 / 1430hrs (SGT)
Review:
Yen with strengthened due to further escalation in the Middle East tensions.
NZDJPY tested and unable to break and bounce off the resistance level of 72.50.
Following the trend, trade signaled to sell NZDJPY (Entry: 72.15) with 3 Take Profit (TP) Targets (TP1: 71.95, TP2: 71.75, TP3: 71.55) and Stop Loss (SL) at 72.45.
Timeframe: H1
Date/Time of Signal: 7th January 2020 / 1430hrs (SGT)
Review:
Yen with strengthened due to further escalation in the Middle East tensions.
NZDJPY tested and unable to break and bounce off the resistance level of 72.50.
Following the trend, trade signaled to sell NZDJPY (Entry: 72.15) with 3 Take Profit (TP) Targets (TP1: 71.95, TP2: 71.75, TP3: 71.55) and Stop Loss (SL) at 72.45.
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