ECHO | NZDJPY - Short opportunity.

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Alongside NZDUSD, this NJ trade can come in handy with correlation to NZD bearish sentiment as a whole. Pending is based on:

- Key level break retest
- 50 fib retest
-Correlation with Nikkei

Smaller stop used here as with JPY pairs we hope to see a quicker reaction

ECHO
Trade ist aktiv
Likewise with NZDUSD we have a correlation between both NZD pairs. Now running +15 pips depending on where you entered from the short.
Trade wurde manuell geschlossen
Closing the trade around BE to mitigate potential losses. JPY index is moving against us, and no further correlation to support a pullback across JPY pairs.
Chart PatternsTechnical IndicatorsTrend Analysis

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