Yeni Zelanda Doları / Japon Yeni
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Unsustained Breakout Failure Play on NZDJPY

135
See Signposts for key price action details.
  • 75.5 level unlikely to hold supported. Payoff is greater on the downside as level looks to invalidate.
  • Position size reduced as this is counter-fundamentals
  • NZD is a relatively stronger currency as new Zealand's Q4 unemployment hints at V-shape recovery potential.
  • On the other hand, Japan is one of three countries at risk of a double-dip recession. While all central banks are looking to keep their currencies at relatively lower values, this will be more so the case with BOJ.
Not
Note: Ideas published represent my viewpoints on anticipated structural directional moves. I do not post trade parameters (i.e. entry, take profit, stop loss, alternative exit points, etc.) as actual execution may differ from the respective trade idea published. My trades evolve around my expectancy with certain planned R-multiple and win rate. Use as your own discretion.
Not
Momentum died off rather quickly after hitting the expected 75.3 area.

ekran görüntüsü

This will still be in an interesting pair to keep an eye on for the weeks ahead.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.