Nine-Trader

NZDJPY - Pandemic fear may push the pair down

Short
Nine-Trader Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZD is falling and JPY is gaining as world wide pandemic keeps actuality.

Technicals also show that the pair has a chance to fall further.

Watch the corrective move, and if the pattern forms clearly consider taking the bearish trade.

Keep in mind that pair may have not enough room for further fall and can face rejection.

Good Luck,

9
Comment:
Watching the pair.
Still not triggered.
Deeper the correction better RR ratio.
Stay patient and wait for price action.

9
Order cancelled:
Trade has not been triggered as there wasn't strong bearish price action.

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