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JimmyDoesASX
Nov 14, 2018 10:15 AM

NZDJPY Short idea, potentially a strong retracement Short

New Zealand Dollar/Japanese YenFXCM

Description

My idea is that the NZDJPY has a strong retrace is sight. With a tight SL set above the recent test level and the initial target level set at 61.8, there is definitely a respectable reward to risk ratio.

Trade closed: stop reached

Comment

Potentially too early. Has happened many times before.
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