Hello traders! I find this nice short opportunity on nzd/jpy. The price tested the 83.75 price and got a strong rejection. There are no buyers interested. Trade with care!
Comment
⋅
We had a strong down impuls here. Wait the correction and watch the price action.
IF FX prices are still correlated with bond market , market should try to retest that level as 10 year bonds for Japan are fixed by BOJ at 0% , so is no interest to buy JPY as it does not bring no interest. But looking only at technicals is defineley is worth trying an short