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Notícias de trading
24 Apr 2015
NZD/JPY: Expecting another leg lower - 2ndSkies
FXStreet (Bali) - According to Chris Capre, Founder at 2ndSkies, NZDJPY is in a corrective phase at the lows, expecting another leg lower.
Key Quotes
"Getting hammered over the last two days dropping 2 handles in the process, the NZDJPY is in a corrective phase near the lows of the most recent move. I'm suspecting this will result in another leg down so am looking to short."
"Downside the next key support level comes in at 89.15-ish while topside resistance comes up next at 91.18. Only a daily close above here negates the bearish bias ST."
Key Quotes
"Getting hammered over the last two days dropping 2 handles in the process, the NZDJPY is in a corrective phase near the lows of the most recent move. I'm suspecting this will result in another leg down so am looking to short."
"Downside the next key support level comes in at 89.15-ish while topside resistance comes up next at 91.18. Only a daily close above here negates the bearish bias ST."