New Zealand Dollar / Japanese Yen
Short
Updated

NZDJPY - Bearish Bias

86
NZD - BEARISH
1️⃣ The risk-off tone weighing on the NZD, as renewed concerns over the performance of the US economy following Friday’s disappointing Nonfarm Payrolls coupled with the persistent lack of solid progress in the Brexit talks.

JPY - BULLISH
1️⃣ The risk aversion sentiment boosting the JPY.

=====
Technical
=====

We are looking to sell the NZDJPY below the resistance of 73.300 + below SMA 50 on the H1 chart.
Trade active
PENDING ORDER TRIGGERED
Trade closed: stop reached
❌ TRADE HAS HIT STOP LOSS

-30 PIPS

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.