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