This is a Weekly chart for
NZDJPY
Probability : Short
Yesterday, the
NZDJPY
fell down over 100 pips, for some technical & fundamental reasons, I suggest to short :
1- No rate hike for the nzd.
2- After historic stocks falls yesterday, the yen looks to be a safe haven for investors.
3- Price at Important Fibonacci level 38.20% and it can continue lower from here.
4- Divergence on RSI.
Updates will be available later.
This is not a signal, it's just my opinion, Good luck
NZDJPY
Probability : Short
Yesterday, the
NZDJPY
fell down over 100 pips, for some technical & fundamental reasons, I suggest to short : 1- No rate hike for the nzd.
2- After historic stocks falls yesterday, the yen looks to be a safe haven for investors.
3- Price at Important Fibonacci level 38.20% and it can continue lower from here.
4- Divergence on RSI.
Updates will be available later.
This is not a signal, it's just my opinion, Good luck
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