• After we have reviewed this pair, we are expecting to see more of a downside for NZD/JPY. Everything is indicating that we are still expecting more downside for this pair. This is a swing trade, which means it can take a couple of days if not weeks to reach our potential profit area. Our major confirmation of entry was a 6H bearish candle close below our Weekly...
• As of right now we are expecting to see a potential up-trend continuation for this pair. It seems that price has managed to reject our Weekly Trend-Line as well as our 61.80% Fibonacci (Which aligned with our Weekly Trend-Line). This is giving us a indication that this pair still has more bullish momentum at hand. Despite price not being that favorable; price...
• We've been in a strong consolidation for this pair. As of right now we are expecting price to reach it's previous high area (also the consolidation area high). We've recently seen that price had a major drop (due to news). However, price failed to make a new lower-low, which gave me indication that we can still see more upside to be expected with this pair. We...
