FX:NZDJPY   New Zealand Dollar / Japanese Yen
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UPDATE : FOMC SCRAMBLED THE MARKET.
TURNING TO MY EURGBP SELL TRADE NOW.

SELL ON RETRACEMENT @ 50% FIB.
D1 BEARISH ENGULFING SPOTTED.
H4 BEARISH REJECTION PATTERN AT 61.8% FIB
WITH LOWER LOW AFTER DOUBLE TOP AT 61.8% FIB.

50 SMA AND 20 SMA CONFLUENCE AT 50% FIB.
NZDUSD FORMING A SIMILAR TRADE SETUP HOWEVER WITH LOWER RISK REWARD.

ENTER SELL AT 50% WITH STOP ABOVE 61.8% AIMING FOR 87.6.

NOTE: THIS IS A HIGH PROBABILITY TRADE AS D1 AND H4 AND MAs CONFLUENCE ARE PRESENT.
I WOULD SELL ON TOUCH.
D1 ANALYSIS.
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