NZDJPY – SELL – 14th April

NZDJPY – SELL – 14th April (Closed)

Good evening guys,

Another set up here looking at the NZDJPY.

Towards the end of the week we could see risk and volatility return to the market. This means a stronger JPY and safe haven assets.

NZDJPY – Technical Analysis

The NZDJPY is breaking a key trend line suggesting we could see further downside.

Trade Setup: SELL NZDJPY (market order – current price is 65.50), stop loss 66.30 and take profit 64.50.

Stop loss: 80 PIPS

Take Profit: 100 PIPS

 

Trade Setup
SELL MARKET ORDER

Entry
65.50

Take Profit
64.50

Stop Loss
66.30