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NZDJPY 200 MA Rest (and price action/rejection)
New Zealand Dollar / Japanese Yen
NZDJPY 200 MA Rest (and price action/rejection)
By WillSebastian
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Aug 5
2
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Aug 5
NZD weakness comes about similarly to Yen strength, both as a reaction to the risk off environment markets sit in.
Any longs taken must be light and exited early on any bounces. Still potential for lower moves into this risk mood.
Chart Patterns
Technical Indicators
Trend Analysis
WillSebastian
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