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boyes51
Apr 16, 2018 10:25 AM

short NZD/JPY Short

NZD/JPYOANDA

Description



trade im mainly looking at this week. NZD/JPY my reasons for this trade its sitting in the oversold region, no real pullbacks last week closed below the round number of 78.00 and also rejected the 61.8 fib.
adding to this the events on the weekend in syria the safe haven of the yen should pick up as it always does in events like this also with the us china trade war still on going. my downside target will be the 77.000 level . will adjust targets and stops in the week if needed. happy trading

Trade closed manually

trade closed at the 77.50 level
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