NZDJPY: Where will the JPY goes after the Olympic?
Finally, the much talked-about Japan Olympic has comes to an end.
Where will the JPY goes after the Olympic?
Taking into serious consideration of its wide-spread of the pandemic? and…..
The going-to-be No.2 after his counterpart from the Southern Continent?
Technically,
1. NZDJPY’s prevailing Uptrend is still intact.
2. NZDJPY has retraced from its YTD High of 82.20 and developed a Bull Flag as it goes along.
3. Price faced strong support at the 76.00 area, consolidated and started to rise.
I am waiting for a Bullish Breakout.
(PS: Beware of other JPY pairs!)
Disclaimer: I am Bearish Bias about the JPY. However, “Trade at your Own Risk”!
Where will the JPY goes after the Olympic?
Taking into serious consideration of its wide-spread of the pandemic? and…..
The going-to-be No.2 after his counterpart from the Southern Continent?
Technically,
1. NZDJPY’s prevailing Uptrend is still intact.
2. NZDJPY has retraced from its YTD High of 82.20 and developed a Bull Flag as it goes along.
3. Price faced strong support at the 76.00 area, consolidated and started to rise.
I am waiting for a Bullish Breakout.
(PS: Beware of other JPY pairs!)
Disclaimer: I am Bearish Bias about the JPY. However, “Trade at your Own Risk”!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.