NZD - BULLISH
1️⃣ Investors monitored ongoing US fiscal stimulus situations as senators urged President Joe Biden on Sunday to significantly downsize his sweeping $1.9 trillion COVID-19 relief package to win bipartisan support as Democrats in Congress prepared to push ahead with his plan this week.
2️⃣ New Zealanders will once again be allowed to fly into Australia without undergoing quarantine as health officials reported no new COVID-19 infections following the initial three cases of the B1351 variant.
3️⃣ Positive risk tone could support the antipodeans.
JPY - BEARISH
1️⃣ Japanese government is set to extend Tuesday the state of emergency for regions still struggling with a high number of coronavirus infections, with the emergency period in prefectures including the Tokyo area expected to run for another month.
2️⃣ Investors also continued monitoring US fiscal stimulus negotiations as Democrats in Congress prepared to push ahead with his plan this week.
3️⃣ Risk-on tone pressured the safe-havens JPY.
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Technical
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We are looking to buy the NZDJPY on the support + above SMA 50 on the H1 chart.
1️⃣ Investors monitored ongoing US fiscal stimulus situations as senators urged President Joe Biden on Sunday to significantly downsize his sweeping $1.9 trillion COVID-19 relief package to win bipartisan support as Democrats in Congress prepared to push ahead with his plan this week.
2️⃣ New Zealanders will once again be allowed to fly into Australia without undergoing quarantine as health officials reported no new COVID-19 infections following the initial three cases of the B1351 variant.
3️⃣ Positive risk tone could support the antipodeans.
JPY - BEARISH
1️⃣ Japanese government is set to extend Tuesday the state of emergency for regions still struggling with a high number of coronavirus infections, with the emergency period in prefectures including the Tokyo area expected to run for another month.
2️⃣ Investors also continued monitoring US fiscal stimulus negotiations as Democrats in Congress prepared to push ahead with his plan this week.
3️⃣ Risk-on tone pressured the safe-havens JPY.
=====
Technical
=====
We are looking to buy the NZDJPY on the support + above SMA 50 on the H1 chart.
Trade active
Trade closed: target reached
✅ TRADE HAS HIT TP+30 PIPS
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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.