NZDJPY - Bearish Bias

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NZD - Strong Bearish
1️⃣ The risk-off tone has hit high-beta currencies like the NZD.
2️⃣ Investors remain worried about China Evergrande Group’s unresolved debt crisis.

JPY - Weak Bullish
1️⃣ A gloomy market environment could benefit the JPY.


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Technical
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We are selling the NZDJPY after it failed to break the resistance.

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Risk to this trade
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Any change in sentiment could turn the pair's direction.

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Trade attivo
Trade chiuso: obiettivo raggiunto
✅ TRADE HAS HIT TP

+70 PIPS
Fundamental AnalysisNZDJPYnzdjpyshortTrend Analysis

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Declinazione di responsabilità