Chart in focus: NZD/JPY. It’s a confidence thing.

Chart in focus: NZD/JPY. It’s a confidence thing.

NZD/JPY

In the run up to that meeting, during the next two sessions,  I like the look of a NZD/JPY short at the Fib retracement level of 50 – 61.8% (75.24). Stops running above last night’s highs (75.53) and look to  run a position down deeper into the support level at 74.60.

 

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