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Nzdjpylong

NZDJPY - Bullish BiasNZD - Strong Bullish 1️⃣ The RBNZ delivered a ‘Hawkish’ tone at today’s meeting by projecting that New Zealand interest rates will rise by 0.25% to 0.5% in September 2022. JPY - Strong Bearish 1️⃣ Stock markets turned positive amid optimistic data from the US. ===== Technical ===== We are buying the NZDJPY at support + above SMA50 on M15 chart. This is short-term trading. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Long
by MonsunAsia
NZDJPY - Bullish BiasNZD - BULLISH 1️⃣ The unemployment rate in New Zealand dropped to 4.7% in the first quarter of 2021, down from 4.9% the previous quarter and lower than the market's expectation of 4.9%. 2️⃣ Positive risk sentiment supported the antipodeans. JPY - BEARISH 1️⃣ Risk-on tone weighing on the safe-havens JPY. ===== Technical ===== We are buying the NZDJPY on the support + above SMA 50 on the H1 chart. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Long
by MonsunAsia
NZDJPY LONGThe Price didn't made a lower low violation of market structure. Price currently sitting support level or neckline for a double bottom . Base on the daily & weekly candle the next candle must open to the upside. The Stop loss is protected by previous low and trend line also S/R level . Price broke the trend or trendline signaling for a reversal . Market structure shows a double bottom pattern signaling to the upside. Multiple confluence for a signal going to the a upside
Long
by vrcruzcruz