Based on my projections of my watchlist a range of 83 pips must be honored within this week ,
(Range projection based on last 5 yrs)
as BoJ is increasing rates by 0.5%
And
Japan accounts for 6.3% of NZD total exports
therefore widening rate gap nzd/jpy faces downward pressure
and taking TA into perspective , we can take advantage by selling for exactly 0.12% or 83 pips.
(Range projection based on last 5 yrs)
as BoJ is increasing rates by 0.5%
And
Japan accounts for 6.3% of NZD total exports
therefore widening rate gap nzd/jpy faces downward pressure
and taking TA into perspective , we can take advantage by selling for exactly 0.12% or 83 pips.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.